Answer:
Option B
Explanation:
The correct answer is Option B.
the statement given the opportunity cost of a good is equal to its pricing is incorrect the correct statement is the opportunity cost is equal to pricing plus the value of this e search time spent finding the good.
Search activity occurs in the market where there is a shortage and where there is a surplus. Accordingly, the statement that "Search activity occurs only in markets where there is a shortage" is incorrect.
