Multiple Choice
If Jessie studies economics for two hours instead of going to the movies with her friends,then
A) Jessie is not responding to any incentives.
B) Jessie is definitely making a rational choice.
C) Jessie is ignoring a sunk cost.
D) the benefit of studying is the missed movie.
E) the opportunity cost of studying is the missed movie.
Correct Answer:
Verified
Correct Answer:
Verified
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