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corie corie
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6 years ago
Your firm owns an old truck that is used to make local deliveries.  The truck is fully depreciated and only costs $1.20 per hour to operate, but you could rent it to another firm for $15.00 per hour.  What is the opportunity cost of operating this truck in your business?
A) $1.20 per hour
B) $15.00 per hour
C) $16.20 per hour
D) Less than $1.20 per hour
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Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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6 years ago
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2 years ago
THANK YOU
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