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Ratling [72]
2 years ago
9

Understanding opportunity cost

Business
1 answer:
vaieri [72.5K]2 years ago
8 0

Answer:

D.$24

Explanation:

Opportunity cost: The opportunity cost is that cost which gives the best alternative option

The computation of the total cost is shown below:

= Earning per hour + admission fee

= $15 per hour + $9

= $24

Since the question is asking for the total cost, so we consider both the costs i.e earning per hour and admission fee.  

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