John Has Two Hours of Free Time This Evening

question 233

Multiple Choice

John has two hours of free time this evening.He ranked his alternatives,first go to a concert,second go to a movie,third study for an economics exam,and fourth answer his e-mail.What is the opportunity cost of attending the concert for John?

• A) attending a movie
• B) studying for an economics exam
• C) answering his e-mail
• D) attending a movie, studying for an economics exam, and answering his e-mail
• E) going to the concert because that is what John choose to do

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Definitions:

Adrenocortical Insufficiency

A condition where the adrenal cortex produces insufficient steroid hormones, such as cortisol and aldosterone.

Addison Disease

A hormonal disorder that occurs when the adrenal glands produce insufficient amounts of certain hormones, notably cortisol and aldosterone.

Diabetes Insipidus

A condition characterized by excessive thirst and excretion of large amounts of severely diluted urine, with reduction of fluid intake having no effect on the concentration of the urine.