Question

What opportunity cost might be associated with purchasing Car A?

(select all that apply)

a. Added expense for monthly payments
b. Added expense for sales tax
c. Added expense for insurance.
d. Added expense for repairs

Answer 1

A is right becuase many people are on monthly payment plans to pay for their cars

B is wrong, I don't think sales tax will increase if you purchase a car

C is right because if you have a car you have to have insurance as well

D is right because the car may need to be repaired at some point

I'd say the answers are A, C, and D

Hope this helps!