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Author Question: Your opportunity cost of attending a lecture on the number of brain cells lost by binge-watching ... (Read 15 times)

mpobi80

  • Hero Member
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  • Posts: 519
on: Jun 29, 2018
Your opportunity cost of attending a lecture on the number of brain cells lost by binge-watching episodes of Here Comes Honey Boo Boo is
 
  A) zero, since you already know that binge-watching will kill all of your brain cells.
  B) the price of the ticket for the lecture.
  C) the value of attending a meditation class, which is your next-best alternative.
  D) the total value of all other options you could have chosen instead of going to the lecture.

Question 2

In the figure above, a movement from point A to point C can be the result of
 
  A) an increase in the government budget deficit.
  B) a decrease in expected profit.
  C) a rise in the real interest rate.
  D) an increase in expected profit.
  E) a fall in the real interest rate.


janeli1

  • Sr. Member
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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

E


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