Ali Decides to Attend the One-Hour Review Session for Microeconomics

question 214

Multiple Choice

Ali decides to attend the one-hour review session for microeconomics instead of working at his job.His job pays him $10 per hour.Ali's opportunity cost of attending the review session is

• A) the $10 he could have earned at his job.
• B) the value of the session minus the $10 he could have earned at his job.
• C) nothing, because the review session does not cost anything.
• D) equal to the benefit he gets from the review session.
• E) the one-hour review session.

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Definitions:

Mental Clarity

A state of having clear, focused, and sharp cognition, allowing for effective processing of information and decision-making without confusion or ambiguity.

Youthful Appearance

The quality of looking young, often characterized by clear skin, vitality, and physical features typically associated with younger individuals.

Self-development

A personal growth process in which an individual engages in activities to enhance their skills, qualities, and understanding of themselves.

Tendency To Procrastinate

Describes a habitual inclination to delay or postpone tasks, often leading to stress and reduced productivity.