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Class and lose your scholarship

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You can either go to see a movie with your friends or go to the library and study for tomorrow's Economics test. Usually, you enjoy going at the movies just as much as you enjoy studying for Economics. However, tomorrow's test will determine your final grade and you need an A for the class, otherwise you'll be losing your scholarship. Which of the following is correct?

A. The opportunity cost of studying is high because if you study you'll get an A for the class.

B. The opportunity cost of going to see the movie is high because if you don't study you'll fail the class and lose your scholarship.

C. The opportunity cost of studying is low because you like going to the movies.

D. The opportunity cost of going to see the movie is low because if you don't study you'll fail the class and lose your scholarship.

Reference no: EM131277647

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