If the opportunity cost of time is $20 per hour and an individual spends 20 hours in commuting every month,the opportunity cost of his commute is ________.
A) $1 per month
B) $20 per month
C) $200 per month
D) $400 per month

Question

Quizplus · Accepted Answer

The Answer of If the opportunity cost of time is $20 per hour and an individual spends 20 hours in commuting every month,the opportunity cost of his commute is ________.
A) $1 per month
B) $20 per month
C) $200 per month
D) $400 per month

If the Opportunity Cost of Time Is $20 Per Hour