Standard 1 Review

The Carmike Cinemas are showing the following movies:

• The latest Pixar film.

• The latest Disney animation.

• The latest Marvel movie.

• A horror movie.

• The latest dumb movie about stoopid sparkly vampires.

• A dumb teen comedy.

You and your date narrowed it down to the horror movie or the comedy before choosing the horror movie.

Which movie represents your opportunity cost?

• Comedy

• Horror

• Marvel

• Teen Comedy

The Carmike Cinemas are showing the following movies:

• The latest Pixar film.

• The latest Disney animation.

• The latest Marvel movie.

• A horror movie.

• The latest dumb movie about stoopid sparkly vampires.

• A dumb teen comedy.

You and your date narrowed it down to the Marvel movie or the Disney animation before choosing the Marvel movie.

Which movie represents your opportunity cost?

• Disney

• Teen Comedy

• Horror

• Marvel

The Carmike Cinemas are showing the following movies:

• The latest Pixar film.

• The latest Disney animation.

• The latest Marvel movie.

• A horror movie.

• The latest dumb movie about stoopid sparkly vampires.

• A dumb teen comedy.

You and your date narrowed it down to the Pixar movie or the stoopid sparkly vampire movie before choosing the Pixar movie.

Which movie represents your opportunity cost?

• Pixar

• Disney

• Vampire

• Horror

Braxton decided to attend Harvard instead of Yale.  Harvard was his opportunity cost.

• True

• False

Shannon plays classical piano in local restaurants, participates in volleyball, volunteers at the local assisted living center, sings in the chorus, and is the star of the high school play.

Ultimately she was too stressed out over her lack of time to study and it was hurting her grades.  She decided to narrow down her extra curricular activities to chorus and theater.

She decided to focus on her high school theater experience her senior year and stopped all of her other activities.

What was her true opportunity cost?

• Theater

• Chorus

• Grades Declining

• All other Activities

Maddox decided to play football his Senior year of high school.  He had to quit his part time job at NASA to do so.

Which is his opportunity cost?

• NASA Job

• Playing football

• Graduating High School

• Graduating College

Braxton decided to attend Harvard instead of Yale.  Yale was his opportunity cost.

• True

• False

The Carmike Cinemas are showing the following movies:

• The latest Pixar film.

• The latest Disney animation.

• The latest Marvel movie.

• A horror movie.

• The latest dumb movie about stoopid sparkly vampires.

• A dumb teen comedy.

You and your date narrowed it down to the Pixar movie or the Disney movie before choosing the Pixar movie.

Which movie represents your opportunity cost?

• Disney

• Pixar

• Teen

• Marvel

Every decision involves an opportunity cost of some sort.

• True

• False