Top Posters
Since Sunday
g
3
3
2
J
2
p
2
m
2
h
2
s
2
r
2
d
2
l
2
a
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
tacobeo tacobeo
wrote...
Go to Answer
Posts: 148
Rep: 4 0
A year ago
Maria has to choose between driving and taking a train to destination A. Traveling by train will cost her $400 and will take 4 hours. Driving to destination A takes 6 hours, and the required amount of gasoline costs $250. Her opportunity cost of time is $15 per hour.


Refer to the scenario above. What is the total cost involved if Maria chooses to travel by train?

▸ $400

▸ $460

▸ $420

▸ $60
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 34 times
1 Reply
Replies
Answer verified by a subject expert
mattloftergenermattloftergener
wrote...
#1
Posts: 126
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

tacobeo Author
wrote...

A year ago
Correct Slight Smile TY
aznzergs
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
Evolution
wrote...

2 hours ago
You make an excellent tutor!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  904 People Browsing
 198 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 953
  
 363
  
 271
Your Opinion
Which country would you like to visit for its food?
Votes: 204
Previous poll results: Who will win the 2024 president election?