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  
darkfire12 darkfire12
wrote...
Go to Answer
Posts: 121
Rep: 0 0
A year ago
An individual pays $100 every month as rent for an apartment, and his monthly opportunity cost of commuting from the apartment to his place of work is $40. Which of the following statements is then TRUE?

▸ The direct cost of renting the apartment is $100, whereas the indirect cost of renting the apartment is $40.

▸ The direct cost of renting the apartment is $40, whereas the indirect cost of renting the apartment is $100.

▸ The direct cost of renting the apartment is $140.

▸ The indirect cost of renting the apartment is $140.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 44 times
1 Reply
Replies
Answer verified by a subject expert
ChicagokidChicagokid
wrote...
#1
Posts: 141
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

darkfire12 Author
wrote...

A year ago
Brilliant ツ
Zacellison
wrote...

Yesterday
Helped a lot
zbmallo3
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1161 People Browsing
 108 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 259
  
 592
  
 270
Your Opinion
Who will win the 2024 president election?
Votes: 3
Closes: November 4
Previous poll results: Where do you get your textbooks?