The 150.00 Naira which Olu would have used to purchase a textbook was used to buy a T-shirt. This implies that?

A. Olu’s real cost is 150.00 Naira
B. Olu’s opportunity cost is the T-shirt he bought
C. Olu’s opportunity cost is the textbook
D. Olu’s money cost is also the real cost

Correct Answer: Option C

C. Olu’s opportunity cost is the textbook