Are Given a Ticket to a Bob Dylan Concert with a Face

question 39

Multiple Choice

are given a ticket to a Bob Dylan concert with a face valueof $50. You only value the ticket at $40, sell it to a friend for $40and attend a U2 concert priced at $60. The opportunity cost ofattending the U2 concert is:

• A)$20 worth of alternative goods and services.
• B)$40 worth of alternative goods and services.
• C)$50 worth of alternative goods and services.
• D)$60 worth of alternative goods and services.(True Answer )Correct

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Definitions:

Regulating Heartbeat

The management and control of the rate at which the heart beats, typically through the autonomic nervous system and hormonal signals.

Phonetic Method

An approach to teaching reading and spelling that emphasizes sound-symbol relationships and the sounding out of words.

Sight Vocabulary

Words that are immediately recognized on the basis of familiarity with their overall shapes, rather than decoded.

Rote Learning

A memorization technique based on repetition, often without an understanding of the reasoning or relationships behind the information.