Robert Spends an Hour Studying Instead of Going Hiking

question 12

Multiple Choice

Robert spends an hour studying instead of going hiking.What is the opportunity cost to him of studying

• A)the improvement in his grades from studying for the hour
• B)the difference between the improvement in his grades from studying minus the enjoyment of hiking
• C)the enjoyment and exercise he would have received had he gone hiking
• D)nothing, because Russell chose to study rather than to go hiking the value of studying must have been greater than the value of hiking

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Definitions:

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