1.Angel gets a text from his friends to come over and hang out. It won't cost him...
Fantastic news! We've Found the answer you've been seeking!
Question:
1.Angel gets a text from his friends to come over and hang out. It won't cost him any money to do so. However, Angel has a calculus exam the next day.
a.What is Angel's opportunity cost if he joins his friends?Late for the test or poor test results.
b.If Angel refuses to do join his friends, this implies that his opportunity cost of a night out is greater than/less than/equal tothe benefit. (Select the correct answer.)
Posted Date: