Suppose that the expected exam scores from studying economics for 0, 1, 2, or 3 hours are 65, 80, 90, and 95 points, respectively, while the expected exam scores for studying 0, 1, 2, or 3 hours of accounting are 50, 65, 70, and 70 points, respectively. With 3 total hours of study time, the opportunity (or marginal) cost in terms of your accounting score of spending the first hour studying economics ________.
A) 0
B) 5
C) 10
D) 15
Correct Answer:
Verified
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