Author Question: Strictly speaking, which has a cost? A) A decision B) A cup C) A cup of diamonds D) A gallon ... (Read 56 times)

azncindy619 · **on:** Jun 29, 2018

Strictly speaking, which has a cost?

A) A decision
B) A cup
C) A cup of diamonds
D) A gallon of water
E) Checking accounts that charge fees for deposits below 100

Question 2

Suppose the prices of a pair of jeans, a shirt, and a tie are 30, 20, and 10 respectively. Which of the following statements is true in this context?

A) The opportunity cost of buying a pair of jeans is 2 ties.
B) The opportunity cost of buying a tie is 3 pairs of jeans.
C) The opportunity cost of buying a tie is 2 shirts.
D) The opportunity cost of buying a shirt is 2 ties.