If an Individual Can Earn $42 Per Hour and Chooses

question 6

Multiple Choice

If an individual can earn $42 per hour and chooses to exercise ten hours a week rather than work,what is the individual's opportunity cost of time per week?

• A)10 hours.
• B)$42
• C)$420
• D)All of the above are different ways of expressing the opportunity cost of time per week.
• E)None of the above.

---

Definitions:

Novice Chess Players

Individuals at the beginner level of chess skill, characterized by limited experience and knowledge of the game.

Mnemonic Device

A tool that helps remember facts or large amounts of information, often using rhyme, pattern, or acronym.

Korsakoff's Syndrome

A chronic memory disorder caused by severe deficiency of thiamine (vitamin B1), most commonly due to alcohol misuse, characterized by short-term memory loss and attempts to fill in gaps through confabulation.

Alcohol Abuse

The pattern of drinking excessively in a way that leads to significant impairment or distress.