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Roberta is moving to be closer to her children. Roberta is a nurse and makes $45 per hour. She has ...

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Roberta is moving to be closer to her children. Roberta is a nurse and makes $45 per hour. She has ...

Roberta is moving to be closer to her children. Roberta is a nurse and makes $45 per hour. She has to decide whether to hire movers to pack up her belongings or pack it all up herself. The movers will charge $1,000 to supply packing materials and pack up all of Roberta's belongings. It would take 20 hours for her to pack up herself, and she would need to spend $300 on packing materials.

Refer to the scenario above, what is Roberta's opportunity cost of packing up herself?

▸ $1000

▸ $1200

▸ $300

▸ $900

Textbook

Macroeconomics

Edition: 3^rd

Authors: Acemoglu, Laibson, List

Read 52 times

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