Ali Decides to Attend the One-Hour Review Session for Microeconomics

question 214

Multiple Choice

Ali decides to attend the one-hour review session for microeconomics instead of working at his job.His job pays him $10 per hour.Ali's opportunity cost of attending the review session is

• A) the $10 he could have earned at his job.
• B) the value of the session minus the $10 he could have earned at his job.
• C) nothing, because the review session does not cost anything.
• D) equal to the benefit he gets from the review session.
• E) the one-hour review session.

---

Definitions:

New Material

Newly introduced content, topics, or resources for learning, discussion, or application.

Coping Skills

Techniques or strategies employed by individuals to deal effectively with stress, problems, and challenging situations.

Naturally Occurring Consequences

The automatic outcomes that happen as a direct result of someone's actions without external intervention.

Environmental Consequences

The impact or outcomes that actions or policies have on the natural environment, including changes to ecosystems, biodiversity, and climate.