Author Question: Lisa decided to give up being on the soccer team for piano lessons. Her opportunity cost of pursuing ... (Read 77 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?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

A seasonal flu vaccine is the best way to reduce the chances you will get seasonal influenza and spread it to others.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library