You decide to spend Thanksgiving with your grandparents instead ...

[abern]

You decide to spend Thanksgiving with your grandparents instead of going to Las Vegas with 20 of your closest friends. Losing the chance to be with your friends is the ________ cost of spending Thanksgiving with your grandparents.
 
  A) explicit
  B) implicit
  C) deferred
  D) accrued

Question 2

Which of the following activities creates a negative externality?
 
  A) cleaning up a public garden in your neighborhood
  B) graduating from college
  C) keeping an old refrigerator on your front porch
  D) using a pooper-scooper every time you walk your dog

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Answer to Question 1

B

Answer to Question 2

C

[abern]

Thanks for the timely response, appreciate it

[Jsherida]

Excellent