Question
Multiple choice Don works as a wedding photographer and was asked to take pictures of a wedding in Japan. If he accepts the contract, his
Multiple choice
Don works as a wedding photographer and was asked to take pictures of a wedding in Japan. If he accepts the contract, his commission will be $750. It costs $450 to reach Japan but the groom will reimburse the cost of travel. If he decides not to accept, his is going to direct a photoshop for a local band and be paid $400. Given this info, what should Don do: a) His opportunity cost if he accepts the wedding job is $400 so he should go to Japan.
b) His opportunity cost if he accepts the wedding job is $300 so he should work with the local band.
c) His opportunity cost if he accepts the local band job is $300 so he should work with the local band.
d) His opportunity cost if he accepts the local band job is $400 so he should go to Japan.
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