John has to choose between two jobs: one that offers him $50 per hour and one that offers him $35 per hour.The opportunity cost of choosing the job that offers him $50 per hour is ________.
A) $1.5 per hour
B) $15 per hour
C) $35 per hour
D) $85 per hour

Question

Quizplus · Accepted Answer

The opportunity cost of choosing the $50 per hour job is the wage he foregoes from the other job, which is $35 per hour.

John Has to Choose Between Two Jobs: One That Offers