Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You work as a tutor at your school, making $ 1 5 per hour. Yesterday, you decided to cancel your two - hour tutoring appointment

You work as a tutor at your school, making $15 per hour. Yesterday, you decided to cancel your two-hour tutoring appointment in order to meet friends for a coffee. The coffee cost you $3.50. What was the opportunity cost of this decision in dollars?
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forex This Book Includes Forex Beginners Forex

Authors: Jordon Sykes

1st Edition

154063180X, 978-1540631800

More Books

Students also viewed these Finance questions