Author Question: Lisa decided to give up being on the soccer team for piano lessons. Her opportunity cost of pursuing ... (Read 19 times)

azncindy619

  • Hero Member
  • *****
  • Posts: 562
Lisa decided to give up being on the soccer team for piano lessons. Her opportunity cost of pursuing piano lessons is
 
  A) zero, as long as someone other than Lisa pays for the lessons.
  B) zero, as long as someone other than Lisa paid for her soccer fees and equipment.
  C) the satisfaction Lisa had enjoyed by being on the soccer team.
  D) the satisfaction Lisa enjoys by studying the piano.
  E) both A and B above.

Question 2

This is a question about economic efficiency: Prior to the 1960s, Catholic masses were officially conducted throughout the world only in the Latin language.
 
  Since the Vatican II reforms, Catholic masses are now generally conducted in the language spoken and understood by the local parishioners. What can an economist conclude? A) Catholic church authorities didn't like Latin anymore.
  B) Catholic church authorities once thought the use of Latin was efficient; during Vatican II the authorities in power decided it was inefficient.
  C) Catholic church parishoners didn't like Latin anymore.
  D) Nothing, because decisions related to religion are non-economic.



tjayeee

  • Sr. Member
  • ****
  • Posts: 329
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

For a complete list of videos, visit our video library