Multiple Choice
Which of the following is an opportunity cost of attending college?
A) the cost of your apartment or dorm
B) the income you could have earned if you didn't attend college
C) the cost of the food that you consume while you are attending college
D) the education you gain from attending college
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Normative economics seeks to understand behavior, but
Q3: Which of the following is a positive
Q4: Among the fundamental concepts in economics is<br>A)
Q5: The concept of opportunity cost<br>A) is relevant
Q6: Normative economics is an approach to economics
Q8: If your tuition is $2,000 this semester,
Q9: Refer to Scenario 1.2 below to answer
Q10: Temperature is a measure that changes from
Q11: The slope of a curved line is
Q12: To isolate the impact of one single