Janie must choose to either mow the lawn or wash clothes. If she mows the lawn, she will earn $30, and if she washes clothes, she will earn $45. She dislikes both tasks equally and they both take the same amount of time. Janie will therefore choose to _ because it generates a _ e … 阅读详情>> "Janie must choose to either mow the lawn or wash clothes. If she mows the lawn, she will earn $30, and if she washes clothes, she will earn $45. She dislikes both tasks equally and they both take the same amount of time. Janie will therefore choose to _ b"

Dean should play golf instead of preparing for tomorrow’s exam in economics if: A.he is irrational. B.the economic surplus from playing golf is greater than the economic surplus from studying. C.Dean can play golf for free. D.the benefit of golfing is greater than the benefit of … 阅读详情>> "Dean should play golf instead of preparing for tomorrow’s exam in economics if:"

Jen spends her afternoon at the beach, paying $1 to rent a beach umbrella and $11 for food and drinks rather than spending an equal amount of money to go to a movie. Her opportunity cost of going to the beach is: A.the $12 she spent on the umbrella, food and drinks. B.only $0 bec … 阅读详情>> "Jen spends her afternoon at the beach, paying $1 to rent a beach umbrella and $11 for food and drinks rather than spending an equal amount of money to go to a movie. Her opportunity cost of going to the beach is:"

All else equal, relative to a person who earns minimum wage, a person who earns $30 per hour has: A.the same opportunity cost of spending time on leisure activities. B.a higher opportunity cost of working an additional hour. C.a lower opportunity cost of driving farther to work. … 阅读详情>> "All else equal, relative to a person who earns minimum wage, a person who earns $30 per hour has:"

The opportunity cost of an activity includes the value of: A.the least-best alternative that must be foregone. B.the chosen activity minus the value of the next-best alternative. C.all of the alternatives that must be forgone. D.the next-best alternative that must be foregone. 正确 … 阅读详情>> "The opportunity cost of an activity includes the value of:"

Amy is thinking about going to the movies tonight. A movie ticket costs $15, and she’ll have to cancel a $20 dog-sitting job that she would have been willing to do for free. The opportunity to Amy cost of going to the movies is: A.$35. B.$5. C.$20. D.$15. 正确答案：$35.

The economic surplus of an action is: A.the benefit gained by taking an action. B.the difference between the benefit and the cost of taking an action. C.the difference the explicit and implicit costs of taking an action. D.the money a person has left over after taking an action. … 阅读详情>> "The economic surplus of an action is:"

You are trying to decide whether to purchase the latest Harry Potter book online or borrow it from the library. There is no charge for borrowing a book from the library, but going to the library takes more time than ordering a book online. Regardless of how you get the book, its … 阅读详情>> "You are trying to decide whether to purchase the latest Harry Potter book online or borrow it from the library. There is no charge for borrowing a book from the library, but going to the library takes more time than ordering a book online. Regardless of h"

Alex received a four-year scholarship to State U. that covered tuition and fees, room and board, and books and supplies. If Alex becomes a full-time student, then: A.the opportunity cost of attending State U. includes the sum of the benefits Alex would had from attending each of … 阅读详情>> "Alex received a four-year scholarship to State U. that covered tuition and fees, room and board, and books and supplies. If Alex becomes a full-time student, then:"

Suppose Mary is willing to pay up to $15,000 for an used Ford pick-up truck. If she buys one for $12,000, her _ would be _. A.benefit; $12,000 B.economic surplus; $12,000 C.cost; $15,000 D.economic surplus; $3,000 正确答案：economic surplus; $3,000

If individuals are rational, they should choose actions that yield the: A.smallest economic surplus. B.smallest total costs. C.largest total benefits. D.largest economic surplus. 正确答案：largest economic surplus.

Suppose the most you would be willing to pay for a plane ticket home is $250. If you buy one for $175, then your economic surplus is: A.$175. B.$0. C.$75. D.$250. 正确答案：$75.