What is the opportunity cost

Reference no: EM13760221

Bill has $10 to spend on a Superman, Batman, or an X-Men T-shirt. Bill buys the Superman T-shirt and the Batman shirt was a close second choice. What is the opportunity cost?
a. The Batman T-shirt.
b. Nothing, since he got his preferred choice.
c. The amount he spent, $10.
d. The X-Men T-shirt.

Reference no: EM13760221

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