Mallory decides to spend three hours working overtime rather than watching a video with her friends.She earns $8 an hour.Her opportunity cost of working is
A) the $24 she earns working.
B) the $24 minus the enjoyment she would have received from watching the video.
C) the enjoyment she would have received had she watched the video.
D) nothing,since she would have received less than $24 of enjoyment from the video.
Correct Answer:
Verified
Q42: When you calculate your true costs of
Q54: When computing the opportunity cost of attending
Q62: When calculating the cost of college,which of
Q74: When calculating the cost of college,which of
Q86: Samantha's college raises the cost of room
Q90: Moira decides to spend two hours taking
Q91: Russell spends an hour studying instead of
Q93: What you give up to obtain an
Q123: The opportunity cost of going to college
Q133: For a college student who wishes to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents