ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Watching TV AND Listening to Music
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Watching TV
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Listening to Music
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The Price of the book
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Detailed explanation-1: -Reading has a positive effect on our mental health, while watching TV has the exact opposite effect. Reading can reduce stress, lower our blood pressure, our heart rate and muscle tension. On top of the knowledge boost reading provides us with, it also has a healing effect on our mental state.
Detailed explanation-2: -I would always prefer to read a book over watching a movie based on the book. We use our own imagination while reading a book. A book is much more detailed than a movie. A movie is bound by time.
Detailed explanation-3: -Just stop watching the TV or playing the computer game for 15 minutes every day, and instead, grab a book of your interest and read a chapter. Do these for say 2 weeks, consistently, without breaking the pattern. Increase to 30 minutes, for the next 4 weeks, and read consistently, again without breaking the pattern.
Detailed explanation-4: -Scarcity exists when there is not enough resources to satisfy human wants. One of the most widely known examples of resource scarcity impacting the United States is that of oil. As global oil prices increase, local gas prices inevitably rise.