Problem
Opportunity Cost Your uncle has offered to buy you either a new computer or a good quality bicycle as a graduation present. The prices of both items are the same. Write an essay that identifies which gift you would choose and describes the opportunity cost that would result from your choice. Why might other people make a different choice?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.