Answer to Question #98706 in Microeconomics for Martey john

Question

Describe some of the opportunity cost when you decide to do the following :
1. Attend university instead of taking a job.
2. Watch a movie instead of studying for a quiz.
3. Ride commercial bus instead of driving your own car.
4. More people choose to get graduate degree when the job market is poor.
5. More people choose to do their own home repair when the economy is slow and monthly salaries are down .
6. Few students enrol in lectures that start before 6:30 am

Answer 1

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