Kevin has $20 to spend on summer clothes. he is looking at shirts, shorts, and flip-flops. shirts are $10, shorts are $15, and flip-flops are $10. he buys one shirt because he thinks that buying the shirt is worth the opportunity cost of the shorts and the flip-flops. which statement best evaluates his reasoning?

Kevin has analyzed the situation well. However, he should also consider the fact that he saved $10 by only purchasing the shirt.Opportunity cost is the cost of the forgone alternative.out of the 3 choices, he only purchased 1 of the choices, the opportunity cost are the other two choices. However, he is still capable of buying the flip-flops costing $10 but he chose not to do so. He should consider it as a savings aside from it being a lost opportunity.

the answer is here: : )

:

a: 1/6, j: 1/4

step-by-step explanation: you are welcome