Author Question: Amy can study for an hour or spend that hour sleeping or going out for dinner. If she decides to ... (Read 79 times)

sdfghj

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Amy can study for an hour or spend that hour sleeping or going out for dinner. If she decides to study for the hour, the opportunity cost of the hour spent studying is
 
  A) sleeping or going out for dinner, whichever she would have preferred the most.
  B) definitely going to slee

Question 2

A money flow in the circular flow diagram is
 
  i. the government's collection of taxes.
  ii. Chevrolet's production of SUVs.
  iii. Nike's payment of wages to its workers.
  A) i only B) ii only C) i, ii and iii D) ii and iii E) i and iii


peter

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Answer to Question 1

A

Answer to Question 2

E



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