Jimmy Is Very Excited About the Costume Party with a 1990s

question 76

Multiple Choice

Jimmy is very excited about the costume party with a 1990s theme.He is planning to dress up as MC Hammer but is also considering going as a lifeguard from Baywatch.His opportunity cost of arriving dressed like MC Hammer is:

• A) the cost of parachute pants that MC Hammer would wear.
• B) the savings from not purchasing red swimming trunks.
• C) giving up the alternative of dressing like a lifeguard.
• D) there is no opportunity cost because he attended the party either way.

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Definitions:

Parathyroid Hormone

A hormone secreted by the parathyroid glands that regulates calcium levels in a person's body.

Blood Calcium Levels

The concentration of calcium in the blood, crucial for various physiological processes including bone formation and muscle contraction.

Amino Acid Derivatives

Simplest hormones, such as epinephrine and melatonin, that are derived from amino acids.

Fatty Acid Derivatives

Prostaglandins, juvenile hormones of insects, and other compounds derived from fatty acids.