Cameron Can Spend His Weekend Afternoon Doing One of Three

question 133

Multiple Choice

Cameron can spend his weekend afternoon doing one of three things: playing golf, driving his boat, or cleaning his house. Although he enjoys golfing, he sometimes becomes frustrated when playing so he decides to enjoy a more relaxing afternoon on his boat. Cameron never really considered the idea of cleaning the house, but he did give playing golf some serious thought. Cameron's opportunity cost of driving the boat is:

• A) having a messy house, since he decided not to clean it.
• B) the enjoyment he would have gotten from playing golf.
• C) having a messy house and not being able to enjoy playing golf.
• D) enjoying a relaxing day out on the lake.

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A segment of the economy that represents the activities of businesses, corporations, and private enterprises that provide goods and services to consumers.

Deng Xiaoping

A Chinese communist leader who initiated significant economic reforms in China from the late 1970s, leading to its market economy transformation.

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Items produced for use by civilians, rather than for military purposes.

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The protective measures taken by a nation in order to defend itself against potential aggressors, including military forces and defense strategies.