Mr. Khalil has 200 OMR; he wants to purchase a TV and washing machine that costs 200 OMR each. He preferred to buy a TV. Which of the following does the opportunity cost? a. Washing Machine b. Both TV and washing machine C. TV d. Mobile phone

Mr. Khalil has 200 OMR; he wants to purchase a TV and washing machine that costs 200 OMR each. He preferred to buy a TV. Which of the following does the opportunity cost? a. Washing Machine b. Both TV and washing machine C. TV d. Mobile phone

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 6P

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Question

Mr. Khalil has 200 OMR; he wants to purchase a TV
and washing machine that costs 200 OMR each.
He preferred to buy a TV. Which of the following
does the opportunity cost?
a. Washing Machine
b. Both TV and washing machine
C. TV
d. Mobile phone

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