Lets suppose that Tori is a consumer and is choosing between two products to buy. Tori can buy a candy bar for $1, or Tori can buy a donut for $2. Yes, Tori has a sweet tooth. If Tori has an amount of $10 to spend, what is the opportunity cost to Tori of buying a donut?

Answer rating: 100% (QA)

The opportunity cost to Tori of buying a donut is the value of the next best alternat... View the full answer