The opportunity cost of a good is equal to . A. the value of the search time spent finding the good B. the price of the good C. the price ceiling D. the price of the good plus the value of the search time spent finding the good

The correct answer is letter "D": the price of the good plus the value of the search time spent finding the good.

Explanation:

Opportunity cost represents the return of the chosen option compared to the options forgone. It also represents the return of the best next available option after selecting one choice. When talking about real estate and price ceilings, housing shortages will cause an increase in property research. In such a case, the opportunity cost will be calculated by adding the price of the property to the time spent in researching it.

answer; according to the ( irs );