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

$120
$120

$50
$50

$70
$70

$65

Answer 1

To determine the opportunity cost of Sergei's best decision, we first need to identify which job he would choose to maximize his earnings.

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

The job that makes him the most money is making deliveries for $70. The opportunity cost is the value of the next best option he is forgoing by making this choice. The next best option after making deliveries would be babysitting, which pays $65.

Therefore, the opportunity cost of choosing to make deliveries (the best decision) is the earnings he could have made from babysitting, which is $65.

So, the correct response is:

$65