Answer - Option C
7 points lost in the economics exam
Opportunity cost is the cost of opportunity lost. To increase the marks of history from 76 to 84 , marks in economics have to be sacrificed from 94 to 87. Thus total 7 marks have to be sacrificed
Question 17 (1 point) Refer to the following table. Possibility Economics History 94 87 76 84...
20 1 point Table 2 Possibility A Economics 94 87 History 76 84 91 Refer to Table 2. A student has only a few hours to prepare for two different exams tomorrow morning. The above table shows alternative possible exam outcomes with three alternative uses of the student's time. The opportunity cost of scoring an 84 on the history exam rather than 76 is: 0 A. 10 points on the economics exam OB. 8 points on the history exam 〇c....
Economics History Possibility A Table 2-1 Please look at the above table. A student has only a few hours to prepare for two different excams tomorrow moming. The above table shows alternative possible exam outcomes with three alternative uses of the student's time. The opportunity cost of scoring an 91 on the history exam rather than 84 is: 10 points on the economicsecam 3 points on the history exam 12 points on the economics exam
Philosophers draw a distinction between positive statements, which describe the world as it is, and s, which describe how the world should be. O A. normative statement O B. budget constraint O c. Trade-off O D. opportunity cost The economic concept of scarcity means that wants are greater than theresources available to satis those wants: 0 A. Hard to find O B. Expensive O C. Bountiful ○ D· Limited 1 poi 1 point The basic difference between macroeconomics and microeconomics...
[Related to Solved Problem #1] You have exams in economics and chemistry coming up and 5 hours available for studying. The following table shows the trade-offs you face in allocating the time you will spend in studying each subject. Hours Spent Studying Midterm Score Choice Economics Chemistry Economics Chemistry 98 96 93 3 92 Score on economics exam 94 Use the multipoint curve drawing tool to plat a production possibilities frontier showing the trade-off between your economics grade and chemistry...
Possibility comes Talole 2-1 . Reforring to Tab 2 A student has b atons hours to prepare for two different exams this attomoon. The above table shows altesanve posable exam scores with three alternative use of the students time. Tb opportunity cost of scoring. 02 on the economics esam rather than QUESTION 10 -b the numbes 09tealth bombex Yief to? te 9 to 10 whethe te what would the opportunity cost be 1+ the production of stealth Inses e- 23...