Question: I need help on these 2 questions: Question 1 (4 points) The opportunity cost of an item is whatever needs to be given up in

I need help on these 2 questions:

I need help on these 2 questions: Question 1 (4 points) Theopportunity cost of an item is whatever needs to be given upin order to obtain that item. What is the opportunity cost of

Question 1 (4 points) The opportunity cost of an item is whatever needs to be given up in order to obtain that item. What is the opportunity cost of going to the movies? Choose the best answer from the options below. 0 the cost of the ticket and the time required to go to the movies. O the cost of the ticket O the time required to go to the movies . O innite \fWhich of the following statements is false? O Points A and B are feasible and efficient. Point E is always preferable to points A and B. Point C is feasible, but inefficient. as the amount of corn produced increases, the opportunity cost of producing corn decreases

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