You Can Spend $100 on Either a New Economics Textbook

question 131

Multiple Choice

You can spend $100 on either a new economics textbook or a new CD player. If you choose to buy the new economics textbook, the opportunity cost is:

• A)$100.
• B)your enjoyment of the new CD player.
• C)both the $100 and your enjoyment of the new CD player.
• D)impossible to determine.

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Definitions:

Navigation Pane

A user interface element that provides a hierarchical view of the contents and functionalities of a software, making it easier for users to navigate through different sections or features.

Ribbon

The strip of buttons and icons located at the top of a software program's window, providing quick access to features and tools.

Documents

Digital or physical papers containing text, data, graphics, or other information, usually structured and stored for future reference.

Scanner

A device that captures images from photographic prints, posters, magazine pages, and similar sources for computer editing and display.