Solved

Trent Decides to Spend an Hour Playing Basketball Rather Than

Question 64

Multiple Choice

Trent decides to spend an hour playing basketball rather than studying.His opportunity cost is:


A) nothing because he enjoys playing basketball more than studying.
B) the benefit to his grades from studying for an hour.
C) the increase in skill he obtains from playing basketball for that hour.
D) nothing because he had a free pass into the sports complex to play basketball.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q43: Economic goods are:
A)​only those commodities priced in

Q60: Land as a resource can include all

Q62: Exhibit 2-1 Exhibit 2-1 </p></div><svg width=

Q63: The opportunity cost of an item is:
A)​greater

Q65: The opportunity cost of going to college

Q67: Opportunity costs:
A) only include explicit costs paid

Q68: A student has a chance to see

Q70: The opportunity cost of an action is

Q75: Opportunity cost includes
A)​monetary costs only.
B)​non-monetary costs only.
C)​both

Q79: Which of the following statements is true?
A)​The

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents