ECON312 Week 1 Homework 2018
ECON312 Week 1 Homework 2018
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ECON312 Week 1 Homework 2018
- Exam (elaborations) • 13 pages • 2019
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Question 
Question 1
John has two hours of free time this evening. He ranked his alternatives, first go to a concert, second go to a movie, third study for an economics exam, and fourth answer his e-mail. What is the opportunity cost of attending the concert for John? 
attending a movie, studying for an economics exam, and answering his e-mail
going to the concert because that is what John choose to do
answering his e-mail
attending a movie
studying for an economics exam
Question 2
Hank requires...
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