Which of the following is NOT an example of an opportunity cost?
A) By choosing to attend college, Jean was not able to continue working as an electrician; as a result, she gave up more than $85,000 in earnings while she was in college.
B) Because David used all of his vacation time to paint his house, he was unable to visit the Caribbean last year.
C) By spending Thursday night studying for an economics exam, a student was unable to complete a homework assignment for calculus class.
D) Because Mary is now being paid a higher wage, she can afford to buy a new car even though she is moving into a bigger apartment.
Correct Answer:
Verified
Q168: To graph a relationship among several variables,
Q169: Which of the following questions is NOT
Q170: Q171: Marginal cost is the cost Q172: Jed had an exam score of 50 Q174: Q176: Which of the following is a macroeconomic Q177: If the marginal cost of an activity Q178: Q408: 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) that arises![]()
![]()
![]()