You bought two new cds with the last $30 in your checking account, and your next payday is on monday. what is the opportunity cost of these cds? the difference between the cost to produce the cds and the price you paid for them $30 knowing you are the first of your friends to have these cds dinner and a movie with your friends this saturday night

answer: dinner and a movie with your friends this saturday night.

opportunity cost refers to the benefits that a person or business misses out on when choosing one alternative over another. opportunity costs are easy to miss, but they can be important for decision-making. in this example, the alternative that the person will miss out on is the opportunity to have dinner and watch a movie with friends on saturday, as he will have no money left after buying the cd.

dinner and a movie is the wrong answer !

black citizens were denied access to the same public facilities as whitesun.

marriages between white and nonwhite citizens were forbidden.

nonwhite citizens were required to carry identification papers with them at all times.