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.

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Definitions:

Lung Recoil

Decrease in the size of an expanded lung as a result of a decrease in the size (volume) of its alveoli; due to elastic recoil of elastic fibers surrounding alveoli and water surface tension of a thin film of water within alveoli.

Respiratory Muscles

The muscles involved in the process of breathing, including the diaphragm and intercostal muscles.

Inspiratory Reserve Volume

Maximum volume of air that can be inspired after a normal inspiration.

Forced Expiration

The act of expelling air from the lungs with effort beyond normal exhalation, often used in pulmonary testing.