The opportunity cost of studying economics tonight at the library does not include
A) the good time you could be having by going out with your friends.
B) the time you could be spending studying for your history class.
C) your lost sleep.
D) the time you could be spending listening to music or watching television.
E) the higher grade you might earn on the next economics test.
Correct Answer:
Verified
Q29: Which of the following sayings best represents
Q30: A good or service becomes scarcer over
Q31: To an economist, scarcity means that
A) it
Q32: To say that something is scarce means
Q33: Which statement concerning opportunity costs is false?
A)
Q33: The basic economic problem is:
A)inflation.
B)unemployment.
C)poverty.
D)scarcity.
E)lack of money.
Q34: To say that there is a scarcity
Q36: Which of the following statements is false?
A)
Q38: Choices are not made because of limited
A)
Q40: The total cost of attending college
A) includes
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