Multiple Choice
Arlene quits her $125 000-a-year job to take care of her ailing parents.What is the opportunity cost of her decision?
A) Zero, since she will no longer be earning a salary.
B) It depends on the 'going rate' for home-care providers.
C) At least $125 000
D) The value she attributes to the satisfaction she receives from taking care of her parents
Correct Answer:
Verified
Correct Answer:
Verified
Q25: The prevalence of Alzheimer's dementia is very
Q43: Table 1-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4188/.jpg" alt="Table 1-2
Q53: Figure 1-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4193/.jpg" alt="Figure 1-4
Q63: Marginal benefit refers to the additional benefit
Q98: Suppose the extra cost to a doctor
Q149: If the price of milk was $2.50
Q181: Policies based on positive economic ideas tend
Q192: All of the following are part of
Q213: Holding all other personal characteristics-such as age,
Q381: Damian shares a small food truck with