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reync89 reync89
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3 months ago
Scenario: Aysha wants to rent an apartment. The following table shows the monthly rent of five apartments as well as the number of hours per month it takes to commute to work from each apartment. Aysha works as a restaurant where she can make $20 per hour.

ApartmentCommuting Time (hours per month)Rent ($ per month)
1301,250
2201,400
3151,600
4101,750
552,000


Refer to the scenario above. What is the opportunity cost Aysha incurs each month if she rents apartment 5?

▸ $20

▸ $200

▸ $2000

▸ $100
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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austsieraustsier
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3 months ago
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