Author Question: Lisa decided to give up being on the soccer team for piano lessons. Her opportunity cost of pursuing ... (Read 74 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?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

For a complete list of videos, visit our video library