Author Question: Households in America tend to consume more and more as they grow older. a. True b. False Indicate ... (Read 84 times)

elizabeth18 · **on:** Jun 30, 2018

Households in America tend to consume more and more as they grow older.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Trent decides to spend an hour playing basketball rather than studying. His opportunity cost is:
a. nothing because he enjoys playing basketball more than studying.
b. the foregone benefit to his grades from studying for an hour.
c. the increase in skill he obtains from playing basketball for that hour.
d. nothing because he had a free pass into the sports complex to play basketball.