Ramona Decides to Spend Two Hours Taking a Nap Rather

question 22

Multiple Choice

Ramona decides to spend two hours taking a nap rather than attending her classes.Her opportunity cost of napping is

• A)the value of the knowledge she would have received had she attended class.
• B)the $24 she could have earned if she had worked at her job for those two hours.
• C)the value of her nap minus the value of attending class.
• D)nothing,since she valued sleep more than attendance at class.

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Definitions:

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refers to a law that provides federal jurisdiction for cases involving fraudulent activities that utilize the postal system as a means to commit the fraud.

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The legal obligation of a corporation to pay for damages, fines, or penalties arising from its actions or those of its employees.

Sixth Amendment

An amendment to the U.S. Constitution that guarantees rights to a fair and speedy trial, the right to a lawyer, and the right to an impartial jury.

Speedy Trial

A legal right guaranteeing individuals accused of crimes to be tried promptly, aimed at preventing undue and lengthy pretrial incarceration.