Which type of cost occurs when an individual pays for a piano lesson instead of going to a movie?
a) fixed cost
b) marginal cost
c) residual cost
d) opportunity cost

D)opportunity cost

Explanation:

because when you choose to do one thing instead of doing another, you've made an opportunity cost.

all of the following apply except for (a. excessive credit on real estate resulting in defaulted loans.

in 1819, panic swept the country due,in part, to the rapid expansion of american manufacturing during the war of 1812 and the distress caused by the post-war british competition. the rapid expansion of american farming was another factor.

explanation:

oooh thx fsidnkjncjuhnzcusd