Here Are Three Things You Could Do If You Do

question 34

Multiple Choice

Here are three things you could do if you do not attend your economics class: watch television with some friends (you value this at $25) ,read a good book (you value this at $17) ,or go to work (you could earn $20 during the economics class) .The opportunity cost of going to your economics class is

• A) $20,because this is the only alternative of the three where you would actually receive a monetary payment.
• B) $17,because this is the lowest valued alternative forfeited.
• C) $25,because this is the highest valued alternative forfeited.
• D) $62,because this is the total dollar sum of the three forfeited alternatives.

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Definitions:

Receptor Types

Various classes of protein molecules located on cell surfaces or within cells that respond to specific chemical signals, playing a key role in communication within the body.

Odorant Binding

The interaction between odorant molecules and specific receptors in the olfactory system, crucial for the sense of smell.

Glomeruli

Small network of capillaries encased in the upper end of a nephron in the kidney, where blood filtration begins.

Olfactory Bulb

The brain structure responsible for processing olfactory (smell) information received from the nose.