Question: Suppose there are three things that Bob can do . From most valuable to least valuable those things are: hang out with Louise, take a

Suppose there are three things that Bob can do

.

From most valuable to least valuable those things are: hang out with Louise, take a nap, or go to the wharf. Choosin! one of these activities means that he cannot do the others.What is the opportunity cost of hanging out with Louise? a

.

The value Bob would have gotten from going to the wharf. b

.

There is no opportunity cost because none of those actions cost money. c

.

The value Bob would have gotten from taking a nap. d

.

The value taking a nap plus the value going to the wharf.

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