1.] Dana is deciding between three potential activities on Saturday evening: (I) Staying at home and watching her favorite television show, an activity that she values at $20 and that entails no out-of-pocket costs. (2) Going to the movies with her sister to see the latest blockbuster action lm, an activity she values at $35 and that entails $20 in out-of-pocket costs. (3) Going out to dinner with her best friend, an activity she values at $42 and that entails $31 in out-ofpocket costs. What is Dana's opportunity cost of going to the movies? A. $20 B. 335 C. $15 D. $40 1.2 A property management company employs 3 salespeople. Data for their sales last month are shown in the table below. Based on last month's data, should specialize in house sales, and should specialize in condo sales. Condos Sold - I - Houses Sold 12 m__ A. John; Rebecca B. Rebecca; Kelly C. Kelly; Rebecca D. Kelly; John 1.3 The quantity that sellers wish to sell tends to as price increases, and so the supply curve is sloping. increase; downward decrease; downward increase; upward decrease; upward .F'OF