Question
n A bus trip to San Diego costs $10 and takes eight hours. The same trip can be made by plane for $58 and takes
n
A bus trip to San Diego costs $10 and takes eight hours. The same trip can be made by plane for $58 and takes two hours. If you can work for $5 per hour, your opportunity cost of making the trip by bus and by plane are, respectively: O $40 and $10 O $10 and $58 O Indeterminate O $50 and $68 O $50 each
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Microeconomics
Authors: Douglas Bernheim, Michael Whinston
2nd edition
73375853, 978-0073375854
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