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Other Fields Homework Help Economics Topic started by: whipped on May 22, 2017



Title: If Tom spends 4 hours a day on Facebook and the minimum wage in his country is $7 per hour, what is ...
Post by: whipped on May 22, 2017
If Tom spends 4 hours a day on Facebook and the minimum wage in his country is $7 per hour, what is his opportunity cost of spending time on Facebook? Given that spending time on Facebook has an opportunity cost, does this analysis suggest that Tom should work rather than spending his time on social networking?


Title: Re: If Tom spends 4 hours a day on Facebook and the minimum wage in his country is $7 per hour, what ...
Post by: Simpleman on May 22, 2017
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