Multiple Choice
Conan O'Brien hosts the Conan show and Andy Richter, his sidekick, writes for it. Conan needs 4 hours to rehearse and host a good show. It takes Andy 10 hours to do the same. Conan writes one usable joke in an hour, but Andy needs 2 hours to do the same. Andy's opportunity cost of writing a single usable joke is:
A) 0.2 units of hosting.
B) 0.25 units of hosting.
C) 0.5 units of hosting.
D) 1 unit of hosting.
Correct Answer:
Verified
Correct Answer:
Verified
Q64: Use the following to answer questions:
Q68: Use the following to answer questions:
Q69: If labor in China is less productive
Q71: Iceland produces two goods: Viking hats (Y)
Q72: Use the following to answer questions:
Q139: In Spain it takes 10 workers to
Q177: Mark values his drum set at $800
Q196: In a world with trade, no one
Q227: Conan O'Brien hosts the Conan show and
Q239: Which of the following is least likely