Chantal Has a Full-Time Job as a Geological Engineer and Earns

question 98

Multiple Choice

Chantal has a full-time job as a geological engineer and earns an annual after -tax salary of $85 000. She decides to leave her job for 6 months to scuba dive on the Great Barrier Reef in Australia, and incurs costs of $7500 for course equipment and certification, $2500 for airfare, and $12 000 for regular living expenses in Australia
Equal to her living expenses at home) . What is Chantalʹs opportunity cost for this 6 -month, unpaid leave of absence?

• A) $12 000
• B) $22 000
• C) $42 000
• D) $52 500
• E) $65 000

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Definitions:

ANS

The autonomic nervous system, a component of the peripheral nervous system that controls involuntary bodily functions such as heartbeat and digestion.

Hypothalamus

A region of the brain responsible for hormone production and regulation of essential body functions, including temperature, hunger, and thirst.

Medulla Oblongata

The lower half of the brainstem, controlling autonomic functions such as breathing, heart rate, and digestion.

Beta-Blockers

Medications that reduce blood pressure by blocking the effects of adrenaline, thus slowing the heartbeat and reducing its force of contraction.