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d) Suusuilule guous. 3. If Faris earns AED 150 an hour and he leaves work for 2 hours to go and watch a football match
d) Suusuilule guous. 3. If Faris earns AED 150 an hour and he leaves work for 2 hours to go and watch a football match costing him AED 70 to buy a ticket, what is his opportunity cost of not being at work? a) AED 70 b) AED 150 c) AED 300 d) AED 370 5. As a factor of production, capital means: a) The finances necessary for firms to produce their products. b) Buildings and machines used in the production process. c) The money households use to purchase firms' output. d) Stocks and bonds
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