Question: Question 3 [4 points) Suppose you prefer spending time on Facebook to studying Economics. And that you prefer studying Economics to watching a Netflix moyie.

Question 3 [4 points) Suppose you prefer spending time on Facebook

Question 3 [4 points) Suppose you prefer spending time on Facebook to studying Economics. And that you prefer studying Economics to watching a Netflix moyie. Assuming these are your only three activities, which of the following is true? 0 a) The opportunity cost of studying Economics is watching a Netflix movie. 0 hi The opportunity cost of studying Economics is spending time on Facebook and watching a Netflix movie. 0 c} The opportunity cost of spending time on Facebook is watching Netflix movie. 0 d} None of the above

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