The best measure of the economic cost of doing your homework is:

Question

Quizplus · Accepted Answer

The economic cost of doing your homework is best measured by the opportunity cost, which is the best alternative option that you had to give up to do your homework. This could include working at a job, spending time with friends or family, or pursuing other leisure activities. The other options listed, such as tuition or instructor salary, do not directly correlate to the economic cost of doing homework. Option B, the amount you would have to pay to get someone else to do it, may provide some insight into the market value of the task, but it still does not capture the opportunity cost of doing it yourself.

The Best Measure of the Economic Cost of Doing Your