Why Would Economists Find It Surprising If the CEO of a Large

question 27

Multiple Choice

Why would economists find it surprising if the CEO of a large company does his or her own housework?

• A) The opportunity cost of a CEO's time is quite high because he or she has an abundance of time to spend on housework.
• B) The opportunity cost of a CEO's time is quite low because he or she has a scarcity of time to spend on housework.
• C) The opportunity cost of a CEO's time is quite low because he or she has an abundance of time to spend on housework.
• D) The opportunity cost of a CEO's time is quite high because he or she has a scarcity of time to spend on housework.
• E) The opportunity cost of a CEO's time is equal to that of everyone else that works at the same company.

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Definitions:

Gravity Infusion

A method of delivering fluids into the body using the force of gravity, typically through intravenous therapy.

Blood Administration

The process of transfusing blood or blood products into an individual's circulatory system.

Volume Control Burette Device

A medical device used to deliver a fixed volume of IV fluid at a predetermined rate, usually equipped with a chamber that can be filled with a precise volume of fluid.