Economics 2281 · O Level · Opportunity cost

Opportunity cost — practice question

A person prepares sandwiches at home for five hours each day. She produces 20 sandwiches per hour, and each sandwich is sold for $2. What would the opportunity cost be if she takes a holiday on a day she would normally work?

  • A$2
  • B$40
  • C20 sandwiches
  • D100 sandwiches

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