The opportunity cost of spending four hours at a movie theater watching a double feature the night before a final exam would be
A. the cost of the movie ticket.
B. the cost of the subway fare to get to the theater.
C. the price of the popcorn and candy bars you snuck into the theater.
D. a higher grade on the exam.
D. a higher grade on the exam.
You might also like to view...
A decrease in demand will cause a decrease in price, which will cause a decrease in supply
a. True b. False Indicate whether the statement is true or false
What will be the principal and most immediate effect on the supply or demand for raw cotton grown in the United States if the price of synthetic textiles declines?
A) Decrease in demand B) Decrease in supply C) Increase in demand D) Increase in supply
According to figure 1.1, the favorite explanation for continuing poverty in America was "lack of effort" by the poor
Indicate whether the statement is true or false
Which of the following is NOT considered to be a benefit of unionism?
A) increased featherbedding B) greater workplace safety C) higher workforce stability D) provision of arbitration and grievance procedures