Author Question: Lisa decided to give up being on the soccer team for piano lessons. Her opportunity cost of pursuing ... (Read 59 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?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library