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AndrewKraus AndrewKraus
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7 years ago
If an individual's opportunity cost of commute is $300 per month and his monthly commuting time is 60 hours, his opportunity cost of time is:
A) $5 per hour.
B) $10 per hour.
C) $30 per hour.
D) $60 per hour.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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7 years ago
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AndrewKraus Author
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7 years ago
Excellent answer, thx
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