Samia has decided that with the two hours in between classes she can do one of 3 things. she has ranked her choices, from highest to lowest as, (1) chat with her friends, (2) study economics or (3) take a nap. the opportunity cost of chatting with her friends is zero since she does not pay her friends to talk to her. the value of chatting with her friends. the value of studying economics, the next best use of time. the combined value of studying economics and taking a nap.

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next