Multiple Choice
According to the Zuckerberg, Seacrest, and Swift illustration:
A) Zuckerberg, Seacrest, and Swift made a mistake by not attending college.
B) Zuckerberg, Seacrest, and Swift did not weigh marginal benefits against marginal costs when making decisions.
C) Opportunity costs vary greatly between individuals and matter in decision making.
D) Attending college has little effect on lifetime earnings.
Correct Answer:

Verified
Correct Answer:
Verified
Q11: Suppose there are two economies, Alpha and
Q12: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9951/.jpg" alt=" - Refer to
Q13: Economics is the study of the efficient
Q14: If an economy is producing at a
Q15: If an economy that produces capital and
Q17: Assume that for Indy, one hour of
Q18: The following economy produces two products.<br><img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9951/.jpg"
Q19: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9951/.jpg" alt=" The graph above
Q20: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB9951/.jpg" alt=" -Refer to
Q21: Which statement is an economic rationale for