An Old Friend Takes You Out to Dinner and Pays

question 112

Multiple Choice

An old friend takes you out to dinner and pays for your meal. Which of the following best represents your opportunity cost?

• A)Going to the beach.
• B)Attending a concert.
• C)Studying for your next microeconomics exam.
• D)Unable to determine with the information given.

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Definitions:

Problem Behaviors

Actions or conduct that are considered inappropriate, troublesome, or challenging, especially within a societal, educational, or psychological context.

Attitude

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor.

Political Party

A political party is an organized group of people with at least roughly similar political aims and opinions, that seeks to influence public policy by getting its candidates elected to public office.

Global Warming

The long-term increase in Earth’s average surface temperature due to human activities, especially the emission of greenhouse gases.