Suppose a famous baseball player, Alex Rodriguez, hires a highschool student to paint his house. Which of the following is mostlikely TRUE?
A)The opportunity cost of painting a house is higher for Alex Rodriguez than for the high school student.(True Answer
)Correct
B)The opportunity cost of painting a house is lower for Alex Rodriguez than for the high school student.
C)The opportunity cost of painting a house is the same for Alex Rodriguez as for the high school student.
D)The opportunity cost of painting a house is zero for Alex Rodriguez and is negative for the high school
Student.

Question

Quizplus · Accepted Answer

Since Alex Rodriguez is a famous baseball player, he likely has a high salary and could instead spend his time earning money playing baseball or other high-paying activities. For the high school student, their opportunity cost of painting the house is likely lower as they might not have as many high-paying alternatives available to them.

Suppose a Famous Baseball Player, Alex Rodriguez, Hires a Highschool