« previous next »

Author Question: An unemployed individual decides to spend the day fishing. The opportunity cost of fishing is A) ... (Read 193 times)

geoffrey

  • Hero Member
  • *****
  • Posts: 880
on: Jun 30, 2018
An unemployed individual decides to spend the day fishing. The opportunity cost of fishing is
 
  A) zero, because the person doesn't have a job.
  B) the cost of bait, any other monetary expenses, and the value of the individual's wages while he was working.
  C) the cost of bait and any other monetary expenses.
  D) the cost of bait, any other monetary expenses, and the value of the best alternative use of the individual's time.

Question 2

A nation's account with the IMF is called its
 
  A) quota subscription. B) capital account.
  C) deposit surplus. D) current account.


Ksanderson1296

  • Sr. Member
  • ****
  • Posts: 339
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada Telomere length is related to the amount of time adults spend in leisure time activity. Source: Ada
Cost Savings with an EHR System Cost Savings with an EHR System
For millions of people, the United States represents a land of opportunity and freedom from ... For millions of people, the United States represents a land of opportunity and freedom from ...
Cost of Laptops Cost of Laptops
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Obese individual with stretch marks (striae) Obese individual with stretch marks (striae)
Video: Renin/Angiotensin (water gain from urine & Na ion and water reabsorption)

For a complete list of videos, visit our video library