Read the following scenario: Sam knew that if he was going

Last updated: 8/8/2022

Read the following scenario: Sam knew that if he was going to save his money to rent a limo for prom that he would not be able to go out to eat with his friends every Friday night. What is the opportunity cost that Sam is trading to save his money? 1. Financial cost of his time 2. Financial cost of the limo 3. Personal cost of his time