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Unformatted text preview: c. The opportunity cost of riding the bus instead of driving your car, would that you would have to pay for the bus fare (though since price of gas is so high I don't really see that as a bad thing, unless you already had a full tank). You would also have to give up your extra time and independence since the bus as to make frequent stops, and has to cater to all of the passengers. pg 179 6) a. b. increasing marginal cost – Carla decreasing marginal cost – Amy constant marginal cost – Bill 8) a.1 class per week. b. No, Georgia would not be willing to take the same number of classes as Lauren, since her optimal number is 2 thus she would be suffering a lost....
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This note was uploaded on 09/23/2008 for the course HIST 101 taught by Professor Fayeking during the Spring '08 term at Adelphi.
- Spring '08