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It appears that you've uploaded an image showing a problem related to opportunity cost and time allocation between studying for Economics and Marketing exams. In the image, a schedule from 5 PM to 12 AM is laid out with different potential points that can be earned per hour by studying for each subject. The user must choose between these options in a way that maximizes the total points earned.

For the specific question given, we're calculating the opportunity cost of the first hour spent studying for the Marketing exam at 9 PM, considering there are two exams to study for.

**Opportunity Cost Calculation:**
1. Points earned from studying for the Marketing exam at 9 PM: 8 points
2. Best alternative use of that hour: Studying for the Economics exam, which would yield 15 points

**Opportunity Cost:** The opportunity cost of studying for the Marketing exam instead of the Economics exam at 9 PM is the points foregone from the Economics exam. This would be:
\[ 15 \text{ points (Economics)} - 8 \text{ points (Marketing)} = 7 \text{ points} \]

Thus, the opportunity cost of choosing to study for the Marketing exam at 9 PM is 7 points.

Do you need any more details or have other questions related to this?

Here are some related questions:
1. Would you like to see the optimal schedule for maximizing total points from studying?
2. How would the opportunity cost change if different hours were allocated to each exam?
3. Are there any specific strategies for choosing which subject to study in each hour?
4. Would you like to know the total points possible if following the optimal schedule?
5. How does diminishing returns apply to this study schedule scenario?

**Tip:** Always consider both the immediate and long-term benefits when making decisions about time allocation, especially when preparing for multiple important tasks.

What’s the opportunity cost of your first hour spent studying for your Marketing exam at 9 PM? (Given your only two options are studying for your two exams)

Learn how to calculate the opportunity cost of studying for a Marketing exam instead of an Economics exam. This problem involves comparing marginal benefits and understanding trade-offs to make optimal decisions. Ideal for college-level Economics students.

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