Suppose You Find R450

question 48

Multiple Choice

Suppose you find R450.If you choose to use the R450 to go to a rugby match, your opportunity cost of going to the game is

• A)nothing, because you found the money.
• B)R450 (because you could have used the R450 to buy other things) plus the value of your time spent at the game.
• C)R450 (because you could have used the R450 to buy other things) plus the value of your time spent at the game, plus the cost of the dinner you purchased at the game.
• D)R450 (because you could have used the R450 to buy other things).
• E)none of these answers.

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Definitions:

Photosynthesis

The process by which green plants and some other organisms use sunlight to synthesize nutrients from carbon dioxide and water, releasing oxygen as a byproduct.

Euphotic Zone

The layer of a body of water that is sufficiently lit by sunlight, allowing photosynthesis to occur.

Bathyal Zone

The bathyal zone refers to the oceanic depth range from 200 to 4000 meters below the surface, characterized by limited sunlight and cooler temperatures, inhabiting a unique marine life.

Coastal Zone

The interface between land and water, including the shoreline and adjacent land areas that directly affect or are affected by marine processes.