Multiple Choice
Trinh quits his $80 000-a-year job to become a full-time volunteer at a museum.What is the opportunity cost of his decision?
A) Zero, since he will no longer be earning a salary.
B) It depends on the 'going rate' for museum employees.
C) At least $80 000.
D) The value he attributes to the joy of working at a museum.
Correct Answer:

Verified
Correct Answer:
Verified
Q88: Which of the following is a problem
Q89: Economists reason that the optimal decision is
Q108: If a straight line passes through the
Q113: Which of the following generates productive efficiency?<br>A)
Q151: A restaurant sells a large soft drink
Q152: An 'economic model' is a simplified version
Q200: When voluntary exchange takes place, both parties
Q218: The revenue received from the sale of
Q224: Mr.Peabody chooses to invest in companies that
Q323: Which of the following statements is true