Question

I had a full time job this summer where i earned $10 per hour. it costs me about $4 in gas money for every round trip to and from campus, which lasts for one hour. my class meets once a week and lasts 3 hours. my opportunity cost (including both direct and indirect costs) of attending class in any given week is:

Answer 1

The opportunity cost per week to attend class is forty four dollars. Ten dollars per hour while you are attending class. If you were not attending class, you could be working. Ten dollars for the drive to school and four dollars for the gas.