Mikki Decides to Work Five Hours the Night Before Her

question 90

Multiple Choice

Mikki decides to work five hours the night before her economics exam. She earns an extra $75, but her exam score is 10 points lower than it would have been had she stayed home and studied. Her opportunity cost is the:

• A) five hours she worked.
• B) $75 she earned.
• C) 10 points she lost on her exam.
• D) time she could have spent watching television.
• E) guilt she feels about neglecting her economics studies.

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