Your Friend Is Preparing for This Exam and in Your

question 453

Essay

Your friend is preparing for this exam and in your practice session makes the following statement: "Instead of attending microeconomics class for two hours, Kiki could have played tennis or watched a movie. Therefore, the opportunity cost of attending class is the tennis and the movie she had to give up." Is your friend's analysis correct or not? Explain your answer.

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Definitions:

Confront Resistance

The act of facing and addressing opposition or reluctance.

Monitor Progress

The activity of regularly tracking and assessing the advancement or development of a project, goal, or individual's growth.

Underage Drinking

The consumption of alcoholic beverages by individuals below the legal age set by a country or jurisdiction.

Emotional Reactions

Responses that involve feelings and emotions, often as a result of stimuli or situations that affect an individual's psychological state.