Author Question: Suppose a student is attending your college on an athletic scholarship, and doesn't pay a penny for ... (Read 87 times)

lb_gilbert

  • Hero Member
  • *****
  • Posts: 588
Suppose a student is attending your college on an athletic scholarship, and doesn't pay a penny for tuition. According to the economic way of thinking, the student's cost of attending college is
 
  A) zero.
  B) bore completely by the college's athletic fund.
  C) positive, because the student sacrificed some other opportunity to attend your college.
  D) positive, because the student still needs food and housing.
  E) negative, because nobody really gains by trying to combine athletics with higher education.

Question 2

Car A gets 20 miles per gallon, and sells for 17,000. Car B gets 40 miles per gallon, and sells for 34,000. In the economic way of thinking, which car is more efficient?
 
  A) Car A
  B) Car B
  C) Both are equally efficient.
  D) It depends on the car buyer's estimate of cost and benefit.
  E) It depends on a number of statistical tests done by economists, the results of which are not stated in the question.



popopong

  • Sr. Member
  • ****
  • Posts: 307
Answer to Question 1

C

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

For a complete list of videos, visit our video library