A consumer with $10 needs a dress; a pair of shoes; a handbag and jewelry costing $20; $10; $7 and $3 respectively. The opportunity cost of buying the pair of shoes Is the

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A. Dress.
B. Jewelry.
C. Handbag and Jewelry.
D. Dress and Jewelry

Correct Answer:

Option C = Handbag and Jewelry.

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