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Alex must decide what to do on Saturday. He could go visit his parents, in which case he will get to relax and have a
Alex must decide what to do on Saturday. He could go visit his parents, in which case he will get to relax and have a good meal. If he goes to his job at a pub he will get $15 per hour, and he will also get $17 per hour in tips. However, he finds it stressful and tiring working at the pub. Assuming he would work an 8 hour shift at his job, his opportunity cost if he chooses to visit his parents will be $256.
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