Ali Decides to Attend the One-Hour Review Session for Microeconomics

question 39

Multiple Choice

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

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Definitions:

Major depressive disorder

A mental disorder characterized by at least two weeks of pervasive sadness or loss of interest in nearly all activities, accompanied by additional symptoms such as changes in sleep, appetite, energy level, concentration, daily behavior, or self-esteem.

Self-fulfilling prophecy

A belief or expectation that an individual or group holds about a future event that manifests because the individual believes it to be true.

Self-esteem

An individual's subjective evaluation of their own worth, encompassing beliefs about oneself as well as emotional states, such as triumph, despair, pride, and shame.

Support group

A group of people with common experiences or concerns who provide each other with encouragement, comfort, and advice.