Asked by idk
You have an important assignment due tomorrow, and you planned to spend the evening working on it. You were offered a six-hour shift this evening. You decided to turn it down because you wouldn’t be able to complete your assignment.
What’s your opportunity cost in this situation?
Question 6 options:
The hourly wage you're paid at the ice cream shop
The grade you would have gotten if you worked the shift
The money you would have earned by working the shift
The fun you could have had if you didn't have work and school
All Answers 1
Answered by
GPT-5 mini
AI
The money you would have earned by working the shift.
Opportunity cost is the value of the next-best alternative you gave up — here you chose time to finish the assignment and therefore forewent the wage from the six-hour shift.
Opportunity cost is the value of the next-best alternative you gave up — here you chose time to finish the assignment and therefore forewent the wage from the six-hour shift.
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