People who use drive-through windows at restaurants and eat while on the road tend to
a. have a low opportunity cost of time
b. have a high opportunity cost of time
c. not maximize their utility
d. act irrationally
e. value their money more than their time
Question 2
Which of the following must be true of an attorney who buys a portable computer so that she can work on trains and planes?
a. She is engaging in conspicuous consumption.
b. She gets utility from working.
c. She thinks the opportunity cost of her time is higher than it really is.
d. She thinks the opportunity cost of her time is lower than it really is.
e. She is trying to reduce the opportunity cost of traveling.
Creede, Colorado, circa 1890, a rough silver mining town that grew from 660 people in 1889 to over 1
Alan Price - Poor People
The energy set-point view that is the basis of many people’s thinking about hunger and eating.
Ads from the public service campaign in the late 1960s and early 1970s that encouraged people to get ...
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