Multiple Choice
You own the Star Wars six DVD set. The opportunity cost of watching these DVDs for the second time
A) is zero.
B) is one-half the cost of the DVDs, as this is the second time you have watched it.
C) is the value of the alternative use of the time you spend watching the DVDs.
D) cannot be calculated.
Correct Answer:
Verified
Correct Answer:
Verified
Q24: Economists often refer to risk-free ventures as<br>A)
Q39: Whenever the Democrats gain control of the
Q57: The cost involved when choosing between alternatives
Q84: A market is considered efficient if profit
Q129: The four criteria that are frequently used
Q176: Refer to the information provided in Figure
Q180: If the slope of a straight line
Q190: The study of economics<br>A) is a very
Q196: A market in which profit opportunities are
Q199: The mistake of inferring causality from two