Calculate the opportunity cost of an increase

Assignment Help Econometrics

Reference no: EM13243985

Calculate the opportunity cost of an increase in the number ofhours spent studying in order to earn a 3.0 GPA rather than a 2.0GPA.
Total Hours HrsStudying GPA HrsWrking Income
60 60 4.0 0 $0
60 40 3.0 20 $100
60 30 2.0 30 $150
60 10 1.0 50 $250
60 0 0.0 60 $300

Reference no: EM13243985

Questions Cloud

Find mean-variance and coefficient of variation : Construct a 95% condence interval for the true mean. Based on the condence interval, is the true mean likely to be 15g and find the minimum weight of the heaviest 5% of cans of soup produced.

Would banning negext increase or decrease welfare : a. Find the equilibrium price and quantity. Compute consumer surplus, producer surplus, and totalsurplus in the market equilibrium. b. For each unit of Negext produced,4 units of pollution are emitted, and each unit of pollutionimposes a cost on s..

Calculate the average radius of neptune : The average density of the planet Neptune is 1644 kg/m3. The acceleration of gravity on its surface is 11.32 m/s2. Calculate the average radius of Neptune

Explain how many moles of naoh are needed to react : How many moles of NaOH are needed to react with 24.36 mL of 0.4921 M oxalic acid solution

Calculate the opportunity cost of an increase : Calculate the opportunity cost of an increase in the number of hours spent studying in order to earn a 3.0 GPA rather than a 2.0GPA. Total Hours Hrs Studying GPA HrsWrking Income

How far would the rock fall : If an astronaut dropped a small rock near the surface of Pluto, how far (in m) would the rock fall in 2.4 s

Compute the boiling point of aqueous solution : Calculate the boiling point of a 2.97m aqueous solution of ethylene glycol, a nonvolatile nonelectrolyte.

How the firm will achieve productive efficiency : The long-run equality of price and minimum average total cost means that competitive firms will use the most efficient know technology and charge the lowest price consistent with their production cost. That is, the firm will achieve productive eff..

Explain what things will the government change : Our assignment is to write an FOMC statement similiar towhat we believe the real FOMC statement, released by thegovernemnt, will be like. What topics will it cover and what thingswill the government change

User Account

All Pages