7
QuizMultiple Choice

Opportunity Cost — Quiz

Question 7 • Economics

Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Choose two correct answers.

Answer
A
Sneaker sales were declining before the decision to sell dress shoes.
B
The inventory of sports socks goes unsold.
C
High school athletes stop shopping there.
D
Dress shoes cost less for the store to buy from a supplier.

Explanation

Selling dress shoes instead of sneakers changes what the store offers, so high school athletes who want sneakers may stop shopping there. The store may also have sports socks left unsold because fewer sneaker shoppers are likely to buy them. Lower supplier costs for dress shoes would be a reason for the decision, not an effect of it. Declining sneaker sales happened before the decision, so it is a possible cause rather than an effect.

AI-written and checked against the verified answer.

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