Question
The night before an economics test, you decide to go to the movies instead of staying home and working your assingment. You get 50 percent
The night before an economics test, you decide to go to the movies instead of staying home and working your assingment. You get 50 percent on your test compared with the 70 percent that you normally score.
a. Did you face a tradeoff? b. What was the opportunity cost of your evening at the movies?
With references
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
