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A student has two options: she can either surf the web, or work part-time, working part time pays her $20 per hour. What is the student's opportunity cost of surfing the web for 5 hours?

User Raoul
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2 Answers

2 votes

yoAnswer:

Explanation:

hı where dıd you found thıs book, could you saıd the book please

User Sinisa Rudan
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1 vote

Answer:

$100

Explanation:

The student could have been working for the 5 hours she surfed the web, At a pay rate of $20/hour, she lost the opportunity to earn:

(5 hours)*($20/hour) = $100.

User Erwan Pesle
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8.0k points