You Have the Choice of Going to Hawaii for a Week

question 434

Multiple Choice

You have the choice of going to Hawaii for a week, staying at work for the week, or spending the week skiing. If you decide to go to Hawaii, the opportunity cost is

• A) working, because you would be giving up a weekʹs pay.
• B) the value of working or skiing, depending on which you would have done rather than go to Hawaii.
• C) the value of working and skiing.
• D) None of the above if you enjoy the time spent in Hawaii.

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Definitions:

Weak Muscles

A condition characterized by the reduced strength in one or more muscles.

Fatigue

A state of extreme tiredness or exhaustion resulting from mental or physical exertion or illness.

Paralysis

The loss of the ability to move (and sometimes to feel anything) in part or most of the body, typically as a result of illness, poison, or injury.

Diabetes

A chronic condition characterized by high levels of sugar in the blood, resulting from the body's inability to produce or use insulin effectively.