Author Question: Lisa decided to give up being on the soccer team for piano lessons. Her opportunity cost of pursuing ... (Read 76 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?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The largest baby ever born weighed more than 23 pounds but died just 11 hours after his birth in 1879. The largest surviving baby was born in October 2009 in Sumatra, Indonesia, and weighed an astounding 19.2 pounds at birth.

Did you know?

The U.S. Preventive Services Task Force recommends that all women age 65 years of age or older should be screened with bone densitometry.

Did you know?

The training of an anesthesiologist typically requires four years of college, 4 years of medical school, 1 year of internship, and 3 years of residency.

For a complete list of videos, visit our video library