"If I didn't have class tonight, I would save the $4 campus parking fee and spend four hours at work where I earn $10 per hour." The opportunity cost of attending class this evening is:
A) $4.
B) $40.
C) $44.
D) $0.
E) dependent on the usefulness of the information learned in class.
Correct Answer:
Verified
Q21: Beers at the football stadium cost $4
Q24: The highest valued alternative sacrificed as a
Q26: An airline having 5 unoccupied seats on
Q27: The rule of rational choice suggests that
Q28: Marginal thinking is best demonstrated by:
A)choosing to
Q64: Jamie and Danny both attend the same
Q89: The opportunity cost of an action is:
A)the
Q91: Lance's boss offers him twice his usual
Q97: Marginal analysis involves:
A)comparing the total benefits of
Q100: Airlines that restrict the use of frequent
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