Refer to the scenario above. If Maria's opportunity cost of time increases to $80 per hour, the cost of driving to destination A is:

A) $480.
B) $730.
C) $800.
D) $970.


B

Economics

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Options on futures contracts are referred to as

A) stock options. B) futures options. C) American options. D) individual options.

Economics

The company where Bruce worked decided to shut down one of its factories. Bruce was laid off as part of a permanent reduction in workforce in August 2008 . He was unemployed at the time of an employment survey in September 2008 but started working again in December 2008 . This is an example of _____

a. frictional unemployment b. seasonal unemployment c. cyclical unemployment d. structural unemployment

Economics

Discretionary fiscal policy in the form of an increase in government spending or a decrease in taxes can be used to close an expansionary gap

Indicate whether the statement is true or false

Economics

The majority of people with private health insurance get it

A. in groups. B. individually. C. along with one other person. D. at the grocery store.

Economics