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kap26 [50]
3 years ago
7

"if i didn't have class tonight, i would save the $4 campus parking fee and spend four hours at work where i earn $10 per hour."

the opportunity cost of attending class this evening is:
Business
1 answer:
bixtya [17]3 years ago
3 0
Opportunity Cost = It is the cost that is to be sacrificed for achieving something else.  
Given: - 
Campus parking fess (class) = $4 
Income earned through working for 4 hours in place of attending class = $40 ($10/hr) 
 Solution: -  
Opportunity cost of attending class = $4 + $40 = $44.
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The type of business that the uncle is said to have would be described as an entrepreneurial business.

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2 years ago
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D

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4 0
3 years ago
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Answer:

C the value you place on one hour of leisure

Explanation:

Here are the options to this question:

OA $15, because overtime wages are generally 1.5 times your regular wage when you work more than eight hours a day OB. $10, because that is your opportunity cost of one hour of work OC the value you place on one hour of leisure OD. zero, because your regular job is not available for more than eight hours per day

Caring for the dog won't interfere with my job as I can care for the dog either before or after work.

What I would be sacrificing to care for the dog would be the time I would have spent resting or doing leisure activities. So the least amount I should charge is the value i place on one hour of leisure.

I hope my answer helps you

8 0
3 years ago
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A. and B.

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3 years ago
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