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20 November, 09:51

If you receive $200 from your family as a graduation gift and decide to keep it in your wallet instead of depositing it into your savings account earning 2%, what is your opportunity cost?

A) The opportunity cost would be $4.

B) The opportunity cost would be $40.

C) The opportunity cost would be $20.

D) The opportunity cost would be $200.

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Answers (1)
  1. 20 November, 10:40
    0
    Answer: A

    You take 200 * 0.02
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Home » Social Studies » If you receive $200 from your family as a graduation gift and decide to keep it in your wallet instead of depositing it into your savings account earning 2%, what is your opportunity cost? A) The opportunity cost would be $4.
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