« previous next »

Author Question: A student has two options: she can either surf the web, or work part-time. Working part-time pays ... (Read 130 times)

oliviahorn72

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
A student has two options: she can either surf the web, or work part-time. Working part-time pays her 20 per hour. What is the student's opportunity cost of surfing the web for 5 hours?
 
  A) 4
  B) 20
  C) 50
  D) 100

Question 2

Pick the true statement.
 
  A) It is possible for economic profit to be greater than accounting profit.
  B) Accounting profit includes both the implicit and explicit costs of production.
  C) Accounting profit is always greater than economic profit.
  D) None of the above is a true statement.


cat123

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The average adult has about 21 square feet of skin.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Wasp ocelli (simple eyes) and dorsal part of the compound eyes; also showing fine, unbranched hairs Wasp ocelli (simple eyes) and dorsal part of the compound eyes; also showing fine, unbranched hairs
In 1790, as now, the most densely populated part of the nation was the coastal r In 1790, as now, the most densely populated part of the nation was the coastal r
Working and Living and Playing in the City Dump of Phnom Penh, Cambodia Working and Living and Playing in the City Dump of Phnom Penh, Cambodia
With fewer men than women in college, is it time to consider affirmative action for men? With fewer men than women in college, is it time to consider affirmative action for men?
Student Raises Hand in Class Student Raises Hand in Class
Environmental Systems in Space and Time Environmental Systems in Space and Time
Video: DNA Replication

For a complete list of videos, visit our video library