Multiple Choice
Suppose that you purchased a ticket to a jazz festival for $100 from an online ticket broker. Once you arrived at the festival, you discovered that parking costs you an additional $15. In this situation, the additional $15 you pay for parking is an example of
A) an economic loss.
B) opportunity cost.
C) marginal cost.
D) an inefficient cost.
Correct Answer:
Verified
Correct Answer:
Verified
Q197: You always have math problems to work
Q198: The slope of a vertical line is<br>A)
Q199: The mistake of inferring causality from two
Q200: Better insurance benefits increase the incentive of
Q201: Marginalism is<br>A) the best alternative that we
Q203: You own Star Wars - The Last
Q204: Macroeconomics is best described as the study
Q205: Refer to Scenario 1.2 below to answer
Q206: Related to the Economics in Practice on
Q207: You own the video game Grand Theft