You won a free ticket to see an eric clapton concert (which has no resale value). bob dylan is performing on the same night and is your most attractive alternative. tickets to see dylan cost $50. on any given day, you would be willing to pay up to $70 to be at a bob dylan concert. assume there are no other costs of seeing either performer. what is the opportunity cost of seeing eric clapton?

The state troopers in one state have a motto, “nine you’re fine; ten you’re mine,” which is the standard that they use for pulling over speeders on the state highways. in other words, if the posted speed limit is 55 mph, drivers can drive at a rate up to 64 mph without fear of getting a ticket. which of the following best describes the ethical culture in the state? a. the troopers are following a standard of positive law. b. the troopers are following a normative standard. c. the troopers are following a headline test. d. the troopers are following the blanchard/peale standard.

Who owns a renter-occupied apartment? a. the government b. a landlord c. the resident d. a cooperative

How does the federal reserve stabilize and safeguard the nation’s economy? (select all that apply.) it distributes currency and oversees fiscal conditions. it implements american monetary policy. it regulates banks and defends consumer credit rights. it regulates and oversees the nasdaq stock exchange.