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spin [16.1K]
3 years ago
13

Scenario 18-3 sam has two jobs, one for the winter and one for the summer. in the winter, he works as a lift attendant at a ski

resort where he earns $13 per hour. during the summer, he drives a tour bus around the ski resort, earning $11 per hour. refer to scenario 18-3. during the winter months, what is sam's opportunity cost of taking an hour off work to go skiing?
a. $13
b. less than $11
c. $11
d. between $11 and $12
Business
1 answer:
Xelga [282]3 years ago
4 0
<span>A) -$13. The reason being that, opportunity cost is the benefit that a person could have received, but gave up,in order to take another course of action, which in this case is skiing. And since his salary per 1 hour in the winter months is $13, skiing for one hour instead of working during that hour will cost him $13</span>
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