If your tuition is $2,000 this semester, your books cost $400, you can only work 10 rather than 40 hours per week during the 15 weeks you are taking classes and you make $12 per hour, and your room and board is $4,000 this semester (same as if not attending college), then your opportunity cost of attending college this semester is
A. $2,400.
B. $2,760.
C. $7,800.
D. $11,800.
Answer: C
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Increases in the availability of natural resources will affect the aggregate supply curve such that it
a. shifts inward and becomes flatter. b. shifts inward. c. shifts outward. d. becomes flatter. e. becomes steeper.
A rational decision maker takes an action if and only if
a. the marginal benefit of the action exceeds the marginal cost of the action. b. the marginal cost of the action exceeds the marginal benefit of the action. c. the marginal cost of the action is zero. d. the opportunity cost of the action is zero.
Are small town banks monopolies?
a. No, they are regulated by government agencies. b. Yes, one town is an easy market to monopolize. c. Yes, there are many barriers to competition in banking. d. No, there are other banking options that are easy to use.
Refer to the information provided in Figure 8.4 below to answer the question(s) that follow. 
Figure 8.4 Refer to Figure 8.4. Micro Oven's average fixed costs of producing two units of output are
A. $150. B. $300. C. $450. D. indeterminate from this information.