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Take the American Govt Final
#11
(06-25-2019, 07:00 PM)6andcounting Wrote: I had A for #14. It looks like you pasted my answer for 16 over 14?

And your opportunity cost isn't everything else you could have done. Opportunity cost is the cost of giving up the next best option. So since he had $50 and everything cost $50, only choice #2 is his opportunity cost. 

Number 6 I got wrong because I read the question wrong. lol

I must have messed up #14 when I was trying to add to your quote.

You're also right about #26 since the question specifically ranks his choices. I also need to start using more examples in class that have more than 2 choices, because I realize I usually just give 2 or 3 examples that have an A or B choice.
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Messages In This Thread
Take the American Govt Final - BmorePat87 - 06-24-2019, 03:36 PM
RE: Take the American Govt Final - BmorePat87 - 06-25-2019, 07:32 PM
RE: Take the American Govt Final - GMDino - 06-25-2019, 09:25 AM
RE: Take the American Govt Final - GMDino - 06-25-2019, 11:31 AM

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