User Account

All Pages

What was the opportunity cost of your evening at the movies

Assignment Help Macroeconomics
Reference no: EM132601089

The night before an economics test, you decide to go to the movies instead of staying home and studying. You get 50 percent on your test compared with the 70 percent that you normally score.

a. Did you face a trade-off?

b. What was the opportunity cost of your evening at the movies?

Reference no: EM132601089

Questions Cloud

Explain likely to all be included in executive compensation : From a contracting/agency theory perspective, explain why these three are likely to all be included in the executive compensation plan.
Allocate resources between two production options : Explain a "real-world" application of the PPF for your scarce resources associated with a scenario where you could spend your time
Lewis vacation rentals : what you thought was the most important concept(s), method(s), term(s), and/or any other thing that you felt was worthy of your understanding.
Discussion about the company privacy policy in brief : For this assignment, you are asked to locate any company privacy policy. Some of the more popular ones might include GOOGLE, APPLE, or MICROSOFT.
What was the opportunity cost of your evening at the movies : The night before an economics test, you decide to go to the movies instead of staying home and studying. You get 50 percent on your test compared
Calculate the opportunity cost of producing jeans : A worker in the United States and a worker in China can each produce 1,000 pairs of jeans per week. A worker in the United States
How do calculate the contract price : On December 30, 2019, Whitney sold a piece of property, Calculate The total gain, The contract price and The amount of gain recognized in 2019
Should end users be allowed to install applications : In a corporate, networked setting, should end users be allowed to install applications on their company workstations, whether the applications are on a DVD.
Have you or someone you know ever received phishing message : Have you or someone you know ever received a chain letter, phishing message, or some other fraudulent message via email? If so, please share this experience.

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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