Multiple Choice
John is trying to decide how to divide his time between his job as a stocker in the local grocery store, which pays $7 per hour for as many hours as he chooses to work, and cleaning windows for the businesses downtown. He makes $2 for every window he cleans. John is indifferent between the two tasks, and the number of windows he can clean depends on how many hours he spends cleaning in a day, as shown in the accompanying table.
What is John's opportunity cost of cleaning windows for an hour?
A) $14
B) $8
C) $7
D) $2
Correct Answer:

Verified
Correct Answer:
Verified
Q83: The accompanying table shows a pizzeria's fixed
Q84: The accompanying table describes the relationship between
Q85: Refer to the accompanying figure. The equilibrium
Q86: As price increases, firms in a perfectly
Q87: Refer to the accompanying graph. If this
Q89: For a given seller, the accompanying figure
Q90: The primary objective of most private firms
Q91: Refer to the accompanying figure. If the
Q92: A technological innovation that reduces a firm's
Q93: If crude oil is a variable factor