Remember: The cost of a choice is the next best thing you give up.
Questions
1
Sam picked the boat kit. Which one does Sam give up?
🏬A toy in a shop Sam never saw🌍Everything else in the whole world🖍️The pens and the book
2
Sam has eight coins. Which one can Sam buy?
🚢The boat kit alone, eight coinsAll three things, eight plus six plus twoThe boat kit and the book, eight plus two
3
🏬Sam picked the boat. Is it the cost: A toy in a shop Sam never saw
TrueFalse
4
Sam has eight coins. Which one costs too much?
The boat kit and the pens, eight plus six✏️The pens alone, six coins🚢The boat kit alone, eight coins
5
Sam has eight coins. Which one costs too much?
✏️The pens alone, six coins📚The pens and the book, six plus twoAll three things, eight plus six plus two
6
Which one is not given up?
🖍️The pens and the book📋The next best thing on Sam's list🌍Everything else in the whole world
7
Sam picked the boat kit. Which one is not given up?
📋The next best thing on Sam's list⛵The boat kit Sam bought🖍️The pens and the book
8
Sam has eight coins. Which one costs too much?
The boat kit and the book, eight plus two📚The pens and the book, six plus two✏️The pens alone, six coins
9
Sam has eight coins. Which one can Sam buy?
The boat kit and the pens, eight plus six📚The pens and the book, six plus twoThe boat kit and the book, eight plus two
10
Sam has eight coins. Which one can Sam buy?
✏️The pens alone, six coinsThe boat kit and the pens, eight plus sixThe boat kit and the book, eight plus two
11
Sam picked the boat kit. Which one does Sam give up?
⚽A football game with friends🏬A toy in a shop Sam never saw⛵The boat kit Sam bought
12
📋Sam picked the boat. Is it the cost: The next best thing on Sam's list
TrueFalse
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Answer key · Set B
Opportunity cost
1The pens and the book
2The boat kit alone, eight coins
3False
4The boat kit and the pens, eight plus six
5All three things, eight plus six plus two
6Everything else in the whole world
7The boat kit Sam bought
8The boat kit and the book, eight plus two
9The pens and the book, six plus two
10The pens alone, six coins
11A football game with friends
12True
Mark each answer, count the right ones and write the score on the sheet.