Marissa walks into a convenience store to buy something to drink. As she stares into the cooler, her opportunity cost of choosing a Gatorade is:
A. obvious. It's the value she places on whatever drink she would choose if she didn't pick Gatorade.
B. distant and abstract. It's the value she places on whatever drink she would choose if she didn't pick Gatorade.
C. obvious. It's the value she places on all the other drinks she could choose instead of Gatorade.
D. distant and abstract. It's the value she places on all the other drinks she could choose instead of Gatorade.
A. obvious. It's the value she places on whatever drink she would choose if she didn't pick Gatorade.
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The Confederacy's primary mechanism for generating revenue during the Civil War was to:
a. Raise taxes. b. Increase trade and gain more money from exports. c. Borrow more money. d. Print more money.
A craft union can raise union members' wages by restricting labor supply through high initiation fees, long apprenticeship periods, or difficult qualifying requirements
Indicate whether the statement is true or false