Question
A human has the choice to spend 13 hours working or learning. If they spend an hour working, they earn $10. If they spend an
A human has the choice to spend 13 hours working or learning. If they spend an hour working, they earn $10. If they spend an hour learning, then they can expect to progress through 5 course concepts. What is their opportunity cost if they change from working 7 hours and learning 6 hours, to working 5 hours and learning 8 hours?
Group of answer choices
they forgo $29, and learns another 14 course concepts
they gain $7, and learns another 3 course concepts
they forgo $20, and learn another 10 course concepts
they forgo $8, and learns another 12 course concepts
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