1.Opportunity CostYou purchased a roundtrip ticket to a friend's wedding in Cleveland on Saturday for $400, but on Sunday you discover your return flight is canceled due to weather. The airline will not be able to get you back home until late Monday but Greyhound has an overnight bus route that arrives at 6:00am Monday for $60. What is the opportunity cost of missing work on Monday?

2.Fixed Costs.Jorgerunsa coffee shop in Austin.He has fixed costs of $6,000 per month (e.g., rent for the coffee shop).He also estimates that his variable costs are about $0.45 for each cup of coffee (ingredients, hourly wages for the baristas etc.)Assuming these are his only costs, and using Q to denote output (cups of coffee), what is his monthly cost function?