🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →
Log in
Economics
1
answer
0
watching
122
views

Which is the best measure of the economic cost of doing your homework?  
 
a) The tuition you pay for the class  
b) The amount you would have to pay to get someone else to do it 
c) your instructor's salary 
d) The best opportunity you give up when you do your homework
 

Watch
1
answer
0
watching
122
views

For unlimited access to Homework Help, a Homework+ subscription is required.

Vaishnavi Kanukurti
Vaishnavi KanukurtiLv10
17 Sep 2020

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Share

Related textbook solutions

Principles of Economics
2nd Edition, 2017
Openstax
ISBN: 9781947172364
Principles of Macroeconomics
2 Edition,
Openstax
ISBN: 9781947172388
Principles of Microeconomics
2 Edition,
Openstax
ISBN: 9781947172340

Related questions

The opportunity cost of studying for an economics test is:
a. negative, since it may improve your grade.
b. zero, because you knew when you registered for the class that studying would be required.
c. the money you spent on tuition for the class.
d. the best alternative use of your time.

Your opportunity cost of attending college is:

a) The total spent on food, clothing, books, transportation, tuition, lodging, and other expenses,

b) The value of the best opportunity a student gives up to attend college,

c) Zero for students who are fortunate enough to have all of their college expenses paid by someone else,

d) Zero, since a college education will allow a student to earn a larger income after graduation.

Which of the following would be an opportunity cost of going to college?

A. Salary you might earn if you choose to have a job

B. Interest that would be earned in saving the money instead of spending on tuition

C. Amount of money incurred for day to day living whether you attend college or not

D. All except option C

Weekly leaderboard

Home
Homework Help 3,900,000
Economics 400,000
Start filling in the gaps now
Log in