Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
cheezymac cheezymac
wrote...
Posts: 112
Rep: 0 0
A year 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 4?

▸ $200

▸ $100

▸ $20

▸ $2000
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 37 times
1 Reply
Replies
Answer verified by a subject expert
jordankites45jordankites45
wrote...
Posts: 115
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

cheezymac Author
wrote...

A year ago
Helped a lot
wrote...

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

2 hours ago
this is exactly what I needed
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  901 People Browsing
 104 Signed Up Today
Related Images
  
 267
  
 305
  
 82