Today, you chose to come to school and take this Quiz. At work, your boss could have used you, or you also could have stayed home to catch up on the sleep you've been
missing because you've been staying up late to study, You are really tired and can
hardly focus on this Quiz. What was the opportunity cost of your decision to come to
school today?
O going bowling
coming to school
getting some sleep

You are in the market for a new refrigerator for your company’s lounge, and you have narrowed the search down to two models. the energy efficient model sells for $700 and will save you $45 at the end of each of the next five years in electricity costs. the standard model has features similar to the energy efficient model but provides no future saving in electricity costs. it is priced at only $500. assuming your opportunity cost of funds is 6 percent, which refrigerator should you purchase