Multiple Choice
Robert spends an hour studying instead of going hiking.What is the opportunity cost to him of studying
A) the improvement in his grades from studying for the hour
B) the difference between the improvement in his grades from studying minus the enjoyment of hiking
C) the enjoyment and exercise he would have received had he gone hiking
D) nothing, because Russell chose to study rather than to go hiking the value of studying must have been greater than the value of hiking
Correct Answer:
Verified
Correct Answer:
Verified
Q10: After much consideration,you have chosen Cancun over
Q16: Which of the following is most likely
Q25: What does the word "margin" mean?<br>A) edge<br>B)
Q51: What does NOT result when seat belt
Q70: What do we know about college-age athletes
Q119: In what economy are the decisions of
Q169: In most societies, who allocates resources?<br>A) a
Q176: When the government attempts to improve equity
Q202: If education produces external benefits for society,
Q204: Guns and butter represent the classic societal