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Chris is spending the summer volunteering as a lifeguard. The other job he could have had was to paint houses for $440/week. His opportunity cost of life guarding this summer is:

A: $400/week
B: $440/week
C: $840/week
D: Either $400 or $440/week
E: None of the above

User SourabhKus
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1 Answer

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his opportunity cost is B $440/week because he is losing that in order to volunteer
User Pong Petrung
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