A lawyer can argue a case in court for one hour and make $300. She could alternatively use that hour of time to type a legal brief in her office. What is the opportunity cost of her typing the legal brief?
A) nothing, since she would never type a legal brief
B) nothing, since she would always hire an administrative assistant to type for her
C) $300, since that is the amount she could have made by arguing a case in court
D) $13.50, the average hourly wage for a typist
Correct Answer:
Verified
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