Scenario 18-3 Sam Has Two Jobs, One for the Winter and One

question 416

Multiple Choice

Scenario 18-3
Sam has two jobs, one for the winter and one for the summer. In the winter, he works as a lift attendant at a ski resort where he earns $13 per hour. During the summer, he drives a tour bus around the ski resort, earning $11 per hour.
-Refer to Scenario 18-3. During the summer months, what is Sam's opportunity cost of taking an hour off work to go hiking?

• A)$13
• B)between $11 and $12
• C)$11
• D)less than $11

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Definitions:

Declarative Statement

A sentence that makes a statement or expresses an opinion, rather than giving a command or asking a question.

Simple Statement

A clear and straightforward declaration or expression, often consisting of only one clause.

Natural Language

Human languages, including both spoken and written forms, capable of expressing an infinite variety of ideas and emotions.

Logic of Declarative Statements

The formal principles governing the truth or falsehood of statements that declare facts.