Ali decides to attend the one-hour review session for microeconomics instead of working at his job. His job pays him $10 per hour. Ali's opportunity cost of attending the review session is

A) equal to the benefit he gets from the review session.
B) the one-hour review session.
C) the value of the session minus the $10 he could have earned at his job.
D) nothing, because the review session does not cost anything.
E) the $10 he could have earned at his job.


E

Economics

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In the figure above, the factor responsible for the decline in the interest rate is

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If an individual can produce a good or service with a lower opportunity cost than another individual, then he or she is said to have the comparative advantage

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Economics