QUESTION 63 The opportunity cost of providing a government-financed stadium for a city baseball team is A. the future tax increase the public will be forced to bear for the stadium B. the other goods and services that must be sacrificed so that resources can be used for stadium construction C. there is no opportunity cost since the government is financing the stadium D. the interest on the money borrowed to finance the stadium E. there is no opportunity cost as long as the baseball team is profitable
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In this case, the decision is to provide a government-financed stadium for a city baseball team. Option A: the future tax increase the public will be forced to bear for the stadium This is a possible opportunity cost because if the government is financing the Show more…
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