Which of the following is an example of opportunity cost not measured by money cost?
A) the time spent eating a business lunch at a restaurant
B) the time spent preparing a meal eaten at home
C) the time spent studying to obtain an "A" in economics
D) the time spent repairing a car in one's own garage
E) All of the above are correct.
Correct Answer:
Verified
Q131: Rational production decisions require an understanding of
A)trade-offs.
B)opportunity
Q133: In an attempt to boost enrollment, in
Q135: Q138: For a given production possibilities frontier, which Q141: If a market system is functioning well, Q152: Do all valuable items have price tags? Q166: The shape of the production possibilities frontier Q171: Which principle states that as the production Q173: A production possibilities curve always slopes downward Q176: The production possibilities curve illustrates the basic
A)No,
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