Scenario: Ryan wants to rent an apartment. The following table shows the monthly rent of five apartments and the number of hours per month it takes to commute to work from each apartment. Ryan's opportunity cost of time is $15 per hour.

-Refer to the scenario above.What is the opportunity cost of the commute to work per month if Ryan rents Apartment 2?
A) $20
B) $150
C) $200
D) $300

Question

Scenario: Ryan wants to rent an apartment. The following table shows the monthly rent of five apartments and the number of hours per month it takes to commute to work from each apartment. Ryan's opportunity cost of time is $15 per hour.
 
-Refer to the scenario above.What is the opportunity cost of the commute to work per month if Ryan rents Apartment 2?
A) $20 
B) $150 
C) $200 
D) $300

Quizplus · Accepted Answer

The Answer of Scenario: Ryan wants to rent an apartment. The following table shows the monthly rent of five apartments and the number of hours per month it takes to commute to work from each apartment. Ryan's opportunity cost of time is $15 per hour.
 
-Refer to the scenario above.What is the opportunity cost of the commute to work per month if Ryan rents Apartment 2?
A) $20 
B) $150 
C) $200 
D) $300

Scenario: Ryan Wants to Rent an Apartment