Question regarding the opportunity cost of attending

Assignment Help Macroeconomics
Reference no: EM131045926

Suppose you paid $300 to take an economics course, which meets 30 times for one hour a class, during the course of the semester. Instead of attending class, you could have either flipped hamburgers for $8 an hour or waited tables for $5 an hour. Given this information, the opportunity cost of attending each class session is:

Reference no: EM131045926

Questions Cloud

What tone does the author take in his or her writing : Summarize the main points of the article in one paragraph. This includes the author's main argument. What is the author trying to say? Avoid using quotes in the main idea paragraph. Include the title of the article and the author's last name in th..
Prepare balance sheet in the books of shakti international : Shakti International invited applications for 100,000 shares of Rs 10 each issued at a discount of 10% payable as follows: Journalize and prepare balance sheet in the books of Shakti International
Give the sizes and offsets of the sequence of fragments : Give the sizes and offsets of the sequence of fragments delivered to the network layer at the destination host. Assume all IP headers are 20 bytes.
Address market failure such as monopoly power : What has been the governmental efforts to address market failure such as monopoly power, externalities and public goods?
Question regarding the opportunity cost of attending : Instead of attending class, you could have either flipped hamburgers for $8 an hour or waited tables for $5 an hour. Given this information, the opportunity cost of attending each class session is:
Could a packet with all 0s or all 1s be a legal ipv4 packet : Could a packet with all 0s or all 1s be a legal IPv4 packet? Will the Internet checksum catch that error? Why or why not?
Program that uses the socket interface to send messages : Measure the throughput of TCP by sending 1 MB of data from one host to another. Do this in a loop that sends a message of some size, for example, 1024 iterations of a loop that sends 1-KB messages. Repeat the experiment with different message size..
Country imposes a tariff on a good : Suppose a large country imposes a tariff on a good. Which of the following statements isfalse?
Calculate the change in the money supply : If the value of full employment output (Q) or real transactions (T) in the economy above is $451 billion, calculate the change in the money supply (M) needed by the Fed to bring this economy to full employment output if V=2.5 during the economic b..

Reviews

Write a Review

Macroeconomics Questions & Answers

  What are the different types of unemployment

How do they affect the economy in terms of growth, labor force, and price of labor

  During the period there has on several occasions been

during the period there has on several occasions been implemented important labor market policy interventions. what

  1 suppose that the total liabilities of a depository are

1 suppose that the total liabilities of a depository are checkable deposits equal to 2 billion. it has 1.65 billion in

  What is the real-nominal principle

How might the real-nominal principle influence your decision to either rent a house for $500 a month or purchase a similar house with a resulting $550 a month house payment for a 30 year fixed rate interest load?  Explain the difference in movemen..

  Compare and contrast monetary and fiscal policy in the

compare and contrast monetary and fiscal policy in the context of an economy experiencingnbspa recessionary gap. what

  What is the present value of this sum at an interest rate of

What is the present value of this sum at an interest rate of8% also what happens to the present value if the rate falls to5%

  What is the official unemployment rate

What is the official unemployment rate - Compute real GDP. indicate in each calculation whether you are inflating or deflating the nominal GDP data.

  Decrease the benefit level to welfare recipients

Assume the United States government is planning changes in economic and social policy to decrease wage inequality.

  To improve the standard of living

To improve its standard of living, a nation’s economy must  remain stable, grow through innovation or else.

  What is the actual state of the economy

Unemployment is one of the major concerns that people have in today's economy, since losing one's job can be one of the most devastating events a person can experience. But what do the numbers actually mean. What is the actual state of the econ..

  What is the function of the body of an essay

Latisha is writing an essay on the subject of increasing the minimum wage, and wants to ensure that her essay will engage or entice readers. Which method of organization will most likely support her aim?

  Elucidate the differences among the two and why economics

Microeconomics and macroeconomics: Elucidate the differences among the two and why economics is divided into these two subdivisions.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd