The night before a midterm exam, you decide to go to the mov…

The night before a midterm exam, you decide to go to the movies instead of studying for the exam. You score 60 percent on your exam. If you had studied the night before, you’d have scored 70 percent. What was the opportunity cost of your evening at the movies?

Price(dollarsper ride) Quantity demanded(rides per day) Quan…

Price(dollarsper ride) Quantity demanded(rides per day) Quantitysupplied(rides per day) 2 100 40 4 90 50 6 80 60 8 70 70 10 60 80 12 50 90 The table gives the demand and supply schedules for boat rides. If the supply of boat rides increases by 20 rides a day, the price will ________.