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Sublight2097 Sublight2097
wrote...
Posts: 4132
9 years ago
George was assigned to read a chapter in economics tonight, but he has a math exam tomorrow. He chooses to study for the math exam and postpone his economics studies until after the exam. What is the opportunity cost of George's decision?
A) The lower math grade he would have received had he not studied for the math exam
B) The economics knowledge he sacrificed by not reading the assigned chapter
C) Both A and B above
D) Without information regarding the price of the textbook and the value to George of the math exam, George's opportunity cost cannot be determined.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
Read 261 times
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Chimelo46Chimelo46
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Posts: 5641
9 years ago
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Sublight2097 Author
wrote...
9 years ago
I've noticed they use a lot of trickery with their questions. Thank you for your input.
wrote...
9 years ago
It was nothing, thanks for updating us.
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