Multiple Choice
Lauren makes $150 a day as a bank clerk. She takes two days off work without pay, to fly to another city to attend the concert of her favorite band. The cost of transportation and lodging for the trip is $250. The cost of the concert ticket is $50. The opportunity cost of Lauren's decision to attend the concert is:
A) $600
B) $450
C) $300
D) $250
Correct Answer:

Verified
Correct Answer:
Verified
Q44: The quantity or supply of land resources
Q70: If economic resources were perfectly adaptable to
Q87: If an inverse relationship exists between two
Q88: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Variables X and
Q90: The following graph is the production possibilities
Q91: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4895/.jpg" alt=" Refer to the
Q93: Which of the following is the best
Q94: Which of the following is considered an
Q96: Suppose that a consumer purchases just two
Q97: The role of the entrepreneur in society