Question
Chris is planning to take a week long vacation next summer. Unfortunately Chris's job does not offer vacation pay so they will have to give
a.enjoying a day of waterskiing or a day at Wrigley field, depending on which vacation they pickb.being able to meet their cousin's new baby if they go to the Lakec.seeing their high school friend if they go to Chicagod.the $750 in foregone earnings from not working and the consumption that would allow
Chris is planning to take a week long vacation next summer. Unfortunately Chris's job does not offer vacation pay so they will have to give up $750 in earnings to take the vaction. Chris is trying to decide between a trip to the Lake of the Ozarks and a trip to Chicago. The trips financially cost about the same, but if Chris goes to the Lake they will get to waterski and to hang out with a high school friend they haven't seen for a couple of years. If Chris goes to Chicago, they will get to see a Cub's game at Wrigley Field and also to meet their favorite cousin's new baby for the first time. Which of the following is NOT an opportunity cost of one vacation versus the other?
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