Joe likes to sleep late in the mornings and play tennis in the afternoons. The opportunity cost of Joe attending his morning class for one hour is
A) an hour of sleep given up.
B) an hour of tennis given up.
C) both the tennis given up and the sleep given up.
D) nothing because he is paying for his class.
Correct Answer:
Verified
Q50: An incentive
A)is neither a reward nor a
Q51: Q52: On a graph, an upward- sloping curve Q53: Q54: In economics, the term "land" means Q56: The marginal benefit is the Q57: In terms of dollars, the marginal benefit Q58: The opportunity cost of attending college includes Q60: Marginal benefit is the benefit Q562: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)land that
A)loss of the
A)of an activity
