Multiple Choice
Nancy and Melissa both have broken light fixtures in their living rooms.Nancy opts to hire an electrician,while Melissa spends two hours replacing the fixture herself.Which of the following is a possible explanation of this behavior?
A) Nancy dislikes electrical work more than Melissa.
B) Melissa is better at doing electrical work than Nancy.
C) The opportunity cost of Nancy's time is higher than her cost to hire an electrician.
D) All of the above are possible explanations of this behavior.
Correct Answer:

Verified
Correct Answer:
Verified
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