Think about a country where most economic production comes from factories that create air pollution. What could be a possible trade-off from lower levels of pollution? Group of answer choices lower incomes more factory jobs heavily polluted air higher incomes Jewell attends a wedding reception where dinner is served. For her entrée, she has the option of steak, chicken, or pasta. If she chooses the pasta, then her opportunity cost is Group of answer choices the steak. the chicken and the steak. the chicken. either the chicken or the steak, whichever would have been her second choice to the pasta. Judy spent eight hours studying for an exam. Normally, she would have spent that time watching TV instead of studying. She figures she could have made a "B" after only studying four hours, but she really wanted an "A." What is Judy's marginal cost in terms of TV viewing to improve her grade from a "B" to an "A"? Group of answer choices $8 four hours eight hours one hour
Think about a country where most economic production comes from factories that create air pollution. What could be a possible trade-off from lower levels of pollution? Group of answer choices lower incomes more factory jobs heavily polluted air higher incomes Jewell attends a wedding reception where dinner is served. For her entrée, she has the option of steak, chicken, or pasta. If she chooses the pasta, then her opportunity cost is Group of answer choices the steak. the chicken and the steak. the chicken. either the chicken or the steak, whichever would have been her second choice to the pasta. Judy spent eight hours studying for an exam. Normally, she would have spent that time watching TV instead of studying. She figures she could have made a "B" after only studying four hours, but she really wanted an "A." What is Judy's marginal cost in terms of TV viewing to improve her grade from a "B" to an "A"? Group of answer choices $8 four hours eight hours one hour
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Think about a country where most economic production comes from factories that create air pollution. What could be a possible trade-off from lower levels of pollution?
Group of answer choices
lower incomes
more factory jobs
heavily polluted air
higher incomes
Jewell attends a wedding reception where dinner is served. For her entrée, she has the option of steak, chicken, or pasta. If she chooses the pasta, then her opportunity cost is
Group of answer choices
the steak.
the chicken and the steak.
the chicken.
either the chicken or the steak, whichever would have been her second choice to the pasta.
Judy spent eight hours studying for an exam. Normally, she would have spent that time watching TV instead of studying. She figures she could have made a "B" after only studying four hours, but she really wanted an "A." What is Judy's marginal cost in terms of TV viewing to improve her grade from a "B" to an "A"?
Group of answer choices
$8
four hours
eight hours
one hour
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