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ECC1000 - Principles of microeconomics - S2 2025
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What is your opportunity cost for an evening at the theatre? Enter only the number with no additional symbols.
Assuming the cost of going to the theatre is held constant at $50, what is the maximum amount you would pay at the pub? Enter only the number with no additional symbols.
What is your opportunity cost for an evening at the pub? Enter only the number with no additional symbols
Assuming the cost of going to the pub is held constant at $30, what is the maximum amount you would pay for the theatre? Enter only the number with no additional symbols.
After finishing university, Rani has three choices, listed in order of preference: (1) study for a MSc at Monash, (2) work at Barclays, or (3) take a gap year. Of the following options select the one(s) that are included in her opportunity cost of studying at Monash.
Read the following statements and select the correct one(s).
Of the following transfers select the one(s) that are classified as markets.
Of the following economic institutions which one(s) play an important role in capitalism as an economic system?