Multiple Choice
Let us suppose that if Oprah Winfrey was not a superstar she would have been a judge making $100,000 per year. If she makes $63 million dollars this year, her opportunity cost is
A) $63.0 million.
B) $63.1 million.
C) $100,000.
D) $62.9 million.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: A disadvantage of the corporate form of
Q2: What is the present value of $100
Q3: In an inflationary atmosphere that everyone anticipates
Q5: Pure economic rent is<br>A) a payment to
Q6: Compared to a proprietorship, an advantage of
Q7: Which of the following is the most
Q8: According to David Ricardo's explanation of land
Q9: The most that someone would pay today
Q10: When the anticipated rate of inflation declines,
Q11: The price of the stock divided by