GK
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Jared has two hours before having to go to his part-time job. He is deciding between studying for a math exam and taking a nap. If Jared chooses to take a nap, the opportunity cost of his decision is ____
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the rest he is getting
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the score he will earn on the math exam
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the wages from his part-time job
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all of the above
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Explanation:
Detailed explanation-1: -Rod’s science teacher has a list of objectives that must be met for the year but they can be met by completing many different types of assignments. The teacher allows the students to select the projects that interest them, and the students set their own goals and make their own plans to reach them.
Detailed explanation-2: -Which of the following would an economist most likely classify as a need? The basic economic problem is that consumers have too many products and services to choose from.
There is 1 question to complete.