1. 1990/II/1 Tommy was approached to pick one birthday present from the accompanying three things: a model...
Question:
1. 1990/II/1
Tommy was approached to pick one birthday present from the accompanying three things: a model spaceship, a
walkman and a coat. He loved the model spaceship the most and the walkman second. What might be his
opportunity cost in the event that he picked the model spaceship?
A. A walkman B. A walkman and a coat
C. The cost of a model spaceship D. No open door cost since it was a present
2. 1991/II/2
Susan is picking between two positions: being an instructor and being a vocalist. In the event that she decides to be a vocalist, her
opportunity cost will incorporate
A. the pay from being an instructor B. the pay from being a vocalist
C. the educational expense she paid for her experience as an educator D. the educational expense she paid for her background as a vocalist
3. 1992/II/3
Which of coming up next are opportunity expenses of going to class?
(1) school charge
(2) pay done without
(3) unfortunate assessment results
(4) consumption on meals
A. (1) and (2) B. (1) and (3) C. (2) and (4) D. (3) and (4)
4. 1993/II/2
Mr. Wong could burn through two hours at a show or coaching an understudy at $60 each hour. He could utilize the time on
painting all things being equal and procure a sum of $150. Assuming the cost of the show pass is $300, what is his chance
cost of his decision of attending the show?
A. $150 B. $300 C. $420 D. $450
5. 1994/II/2
In a lottery, Peter wins an adaptable air pass to Japan. Which of the accompanying assertions is right?
A. The ticket is a free decent
B. Peter won't lose anything assuming that he loses his ticket
C. The open door cost to Peter of utilizing the ticket is zero
D. The open door cost to Peter of utilizing the ticket increment in the event that the cost of the ticket increments
6. 1994/II/3
Mr. Lee own a visual studio. Already he got $30000 each month by letting it out. He now
doesn't let it, yet rather he involves the premises for his own business. He likewise utilizes a model at $10000
each month. What is Mr. Lee's chance expense of utilizing the studio without anyone else?
- $10000 each month B. $20000 each month C. $30000 each month D. $40000 each month
7. 1995/II/5
Fanny can pick among three unique positions. Her decision of inclination is as per the following:
Main goal : being an instructor at School X
Second need : being a secretary in Company Y
Third need : being a salesman in Firm Z
Expecting her decision of inclination stays unaltered, which of the accompanying will build her chance
cost of being an educator in School X?
A. The understudies in School X are turning out to be more underhanded
B. Organization Y requires its secretaries to work longer hours
C. Organization Y chooses to build the pay rates of its secretaries
D. Firm Z chooses to build the rewards for its deal delegate
8. 1996/II/1
John live in his own condo which is valued at $1million. He can sell the loft and put the cash in a
bank at a loan cost of 5% each year. He can likewise lease it at $5000 each month. What is the
opportunity cost to John on the off chance that he chooses to live in the condo?
A. $1 million
B. $5000 every year
C. $5000 every month
D. There is no open door cost since he lives in his own condo