Fred is a novice paddle boarder who is considering going on an excursion this weekend.It will cost him $100 to rent the paddle board, and he will pay a $25 fee to paddle board in a group with a guide.If he goes paddle boarding, he will wear the bathing suit he purchased last year for $125. If he does not go paddle boarding, he will either work at his part-time job, which would earn him $100, or he will help his grandmother with yard work which he values at $80.

If he was planning to spend the day helping his grandmother but instead he decides to go paddle boarding, what is included in the opportunity cost of going paddle boarding?

The rental cost of the paddle board

yes

no

The cost of the guide

[ Select ]

["

yes

no

The value of the time he spends helping his grandmother

[ Select ]

yes

no

The cost of the bathing suit he purchased last year

[ Select ]

yes

no

The income he would have earned at his job

[ Select ]

yes

no