Select the correct answer.

What represents the value of the second-best alternative that a person gives up when making a choice?

A. marginal spending

B. marginal benefit

C. opportunity cost

D. marginal cost

If technology improves in producing computers, what will happen to the eualibrillim price and quantity of computers? (A) Both the equilibrium price and quantity will increase. (B) Both the equilibrium price and quantity will decrease.

John is the head of the insurance claims department. John works for longer hours than his subordinates. However, John is not paid overtime for working more than 40 hours per week.

In the "Talking with Little Girls" reading, Lisa Bloom writes about Group of answer choices 1. how important it is to compliment a little girl's appearance. 2. how we should consider sending messages to little girls that we value their brains. 3.

Avery Company has two divisions, Polk and Bishop. Polk produces an item that Bishop could use in its production. Bishop currently is purchasing 22,000 units from an outside supplier for $14 per unit.

Monique Products, a web-based company, maintains no manufacturing facilities. As orders come in, the company contracts with other firms to produce and ship its products.

How would a rise in business investment affect the aggregate demand curve?

Alec has graduated from college and is moving to a large city to start a new job. once he arrives, he plans to buy his first new car.

If Ben invests $3500 at 4% interest per year, how much additional money must he invest at 5 1 2 % annual interest to ensure that the interest he receives each year is 4 1 2 % of the total amount invested?

Holding all other things constant, when the price level rises, interest rates:

Stockbrokers often believe that their own expertise will enable them to select stocks that will outperform the market average. This belief best illustrates