Sergei has multiple options for which job to work on Saturday. He only has time to work one job. He can choose to: rake up leaves to make $50, make deliveries for $70, or babysit for $65. If Sergei chooses the option that makes him the most money, what is the opportunity cost of the best decision?(1 point)

Question

Responses

$50
$50

$70
$70

$120
$120

$65

Answer 1

To determine the opportunity cost of Sergei's best decision, we first need to identify which job he will choose based on the highest earnings.

The potential earnings are:

• Raking leaves: $50
• Making deliveries: $70
• Babysitting: $65

The highest earning option is making deliveries for $70.

The opportunity cost is the next best alternative that Sergei could have chosen, which in this case is babysitting for $65.

Therefore, the opportunity cost of the best decision (making deliveries for $70) is $65.