Business, 02.07.2019 22:20, lulbbyz

Becky is waiting in line to receive a free t-shirt at a charity event. because the shirts are free, there are many people in line, and a long wait time is expected. consider the following sentence: by waiting in line for the shirt becky will miss an appointment to tutor an economics student, for which she would have been paid $30. which basic concept of individual choice does this sentence best illustrate? (a) opportunity costs and money costs (price) are related but are not always exactly the same. (b) externalities are a shortcoming of the market. (c) people usually exploit opportunities to make themselves better off. (d) many decisions are made on the margin.

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Becky is waiting in line to receive a free t-shirt at a charity event. because the shirts are free,...