Multiple Choice
Mikki decides to work five hours the night before her economics exam. She earns an extra $75, but her exam score is 10 points lower than it would have been had she stayed home and studied. Her opportunity cost is the:
A) five hours she worked.
B) $75 she earned.
C) 10 points she lost on her exam.
D) time she could have spent watching television.
E) guilt she feels about neglecting her economics studies.
Correct Answer:
Verified
Correct Answer:
Verified
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