Bill Bonecrusher graduates from college with a choice of playing professional football at 2 million a year or coaching for 50,000 a year. He decides to play football, but eight years later he quits football to make movies for 3 million a year.
His opportunity cost at graduation was ________ and eight years later was ________. A) 50,000; 2 million
B) 2 million; 2 million
C) 2 million; 3 million
D) 50,000; 50,000
Question 2
Graphically, a market demand curve is found by
A) taking the average of all prices that people are willing to pay.
B) summing the quantities demanded by all individuals at each price.
C) summing the prices each consumer would pay for each quantity.
D) taking the average of the individual demand curves.
Mel Chin, Operation Paydirt/Fundred Dollar Bill Project.
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Appear professional and organized for a job interview.