Table 2-1 shows possible exam scores with three alternative uses of a student's time. The student has only a few hours to prepare for two different exams in one morning. The opportunity cost of scoring an 84 on the history exam rather than a 76 is a reduction of:Table 2-1
A)10 points on the economics exam.
B)7 points on the economics exam.
C)8 points on the history exam.
D)12 points on the economics exam.
E)15 points on the history exam.

Question

Table 2-1 shows possible exam scores with three alternative uses of a student's time. The student has only a few hours to prepare for two different exams in one morning. The opportunity cost of scoring an 84 on the history exam rather than a 76 is a reduction of:Table 2-1 
A)10 points on the economics exam. 
B)7 points on the economics exam. 
C)8 points on the history exam. 
D)12 points on the economics exam. 
E)15 points on the history exam.

Quizplus · Accepted Answer

The Answer of Table 2-1 shows possible exam scores with three alternative uses of a student's time. The student has only a few hours to prepare for two different exams in one morning. The opportunity cost of scoring an 84 on the history exam rather than a 76 is a reduction of:Table 2-1 
A)10 points on the economics exam. 
B)7 points on the economics exam. 
C)8 points on the history exam. 
D)12 points on the economics exam. 
E)15 points on the history exam.

Table 2-1 Shows Possible Exam Scores with Three Alternative Uses