Answer:
The opportunity cost of $30 for new clothes can be $30 worth of food or also $30 worth of books.
Explanation:
- An opportunity cost is anything that costs you for buying something else with the money that you had which you could use to buy something other than what you bought.
- Hence, if you buy $30 worth of clothes, you miss on buying $30 worth of something else as you used the $30 that you had on buying clothes.
