kgoodner kgoodner

08-02-2017
Advanced Placement (AP)

Answered

Chris is spending the summer volunteering as a lifeguard. The other job he could have had was to paint houses for $440/week. His opportunity cost of life guarding this summer is:

A: $400/week

B: $440/week

C: $840/week

D: Either $400 or $440/week

E: None of the above

Verified Answer :

alexjbodnar alexjbodnar

09-02-2017

his opportunity cost is B $440/week because he is losing that in order to volunteer

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