Multiple Choice
Alison is offered two jobs. One pays $45,000 per year and offers three weeks of vacation, while the other offer provides two weeks of vacation and a salary of $54,000. What is the opportunity cost for Alison if she chooses the job offer of $54,000?
A) $45,000 plus the three weeks of vacation
B) $45,000 per year
C) one week of vacation
D) two weeks of vacation
Correct Answer:
Verified
Correct Answer:
Verified
Q43: Which of the following is NOT a
Q44: Macroeconomics deals with:<br>A)bits and pieces of the
Q46: When hurricane Katrina devastated the Gulf coast,
Q47: The incentives built into the market economy
Q50: Microeconomics deals with:<br>A)the working of the entire
Q51: When the San Francisco city manager faces
Q114: If equilibrium exists:<br>A)all individuals must have an
Q153: You have $1 to spend on a
Q182: If all of the opportunities to make
Q195: The Taco Hut charges the same price