What is part of the opportunity cost of borrowing a textbook from the library instead of buying it, when I am already a member of the library? a. The annual fee for library membership. b. The wage I could have earned in the time I visited the library. c. It has no opportunity cost if I have a subscription for the channel. d. The price of the book.

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter1: Ten Principles Of Economics
Section: Chapter Questions
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What is part of the opportunity cost of borrowing a textbook from the library instead of buying it, when I am already a member of the library?

a. The annual fee for library membership.

b. The wage I could have earned in the time I visited the library.

c. It has no opportunity cost if I have a subscription for the channel.

d. The price of the book.

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