If a Student Were Not Studying Economics, He Could Be

question 223

Multiple Choice

If a student were not studying economics, he could be doing one of the following: sleeping in (which he values at $5) , playing cards with his friends (which he values at $10) , or working (he would have earned an extra $8) . The opportunity cost of studying economics is therefore

• A) $5.
• B) $8.
• C) $10.
• D) $23.

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Definitions:

Macula

A small central area of the retina in the eye, responsible for sharp, detailed central vision.

Vestibular System

The sensory system responsible for providing our brain with information about motion, head position, and spatial orientation; it also aids in maintaining balance.

Vestibular System

The sensory system that contributes to balance and spatial orientation; it includes the parts of the inner ear and brain that process the sensory information involved with controlling balance and eye movements.

Maintain Balance

The ability of an organism to keep their body in equilibrium or stable, whether in motion or standing still.