A University Offers a Free Shuttle Service Around Campus

question 84

Multiple Choice

A university offers a free shuttle service around campus. The opportunity cost of the shuttle service to the university is equal to:

• A)zero, since it is free to the students who use it.
• B)the wages paid to the shuttle drivers.
• C)the wages paid to the shuttle drivers plus the gasoline expenses.
• D)the highest valued alternative uses of all the resources devoted to the shuttle program.
• E)the cost of the shuttle plus the gasoline expenses.

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Definitions:

Unhealthy Living

A lifestyle characterized by habits that negatively impact physical and mental health, such as poor diet and lack of exercise.

Disciplines

Fields of study or branches of knowledge, often characterized by specific methods, theories, and terminology.

First-Hand Experience

Direct personal involvement or observation of events, without intermediary information sources.

Genetic Factors

Attributes, characteristics, or predispositions determined by the genes inherited from one's parents.