Multiple Choice
Which of the following is an example of opportunity cost not measured by money cost?
A) the time spent eating a business lunch at a restaurant
B) the time spent preparing a meal eaten at home
C) the time spent studying to obtain an "A" in economics
D) the time spent repairing a car in one's own garage
E) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q97: Figure 3-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 3-2
Q108: The opportunity cost of a college education
Q141: All of the points inside a production
Q150: Scarcity is a concept that applies to
Q174: In terms of efficiency, any point on
Q181: Economics is often described as a science
Q186: An optimal decision is one that is
Q187: Both conservatives and liberals tend to approve
Q193: For a given production possibilities frontier, which
Q254: Is faster economic growth unambiguously better?<br>A)No, because