Register
Musashi is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: In order to swim for an hour, Musashi must take time away from work, where
176k views
3 votes
Musashi is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: In order to swim for an hour, Musashi must take time away from work, where he earns $11 per hour. This is in addition to paying a $5 entrance fee for the pool.

User Ian Wesley
by
4.7k points

1 Answer

0 votes

Answer:

The sentence represent how the cost of any product is not only the monetary cost of the product.

It also includes the opportunity cost, which represent the option a person renounce when consuming or performing an activity.

In this case it has to chose between work, biking exercise, running or swimming. Each hour he isn't working it lose the $11 dollar

When going to the pool the cost is not only the $5 entrance fee- It is also the $11 dollar fro mwork and one less hour to train in the other two disciplines.

Step-by-step explanation:

User Eezo
by
3.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.8m answers

Other Questions

Everyone has a unique spending plan. Which of the following factors has the greatest effect on a person's spending decisions?
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
The Yum and Yee food truck near the business school serves customers during lunch hour by taking orders and making fresh batches of stir-fry. Customers have only one choice during the lunch hour so that
If Morgan worked 15 hours last week and is paid $10 per hour the amount of money she makes before taxes and other expenses are taken out is called: A. Net revenue B Net pay C Gross revenue D Gross pay
0.71 points eBookPrintReferences Check my work Check My Work button is now enabledItem 2Item 2 0.71 points Kerianne paints landscapes, and in late 2021 placed four paintings with a retail price of $300
Link Copied!