Scenario 18-3
Sam has two jobs, one for the winter and one for the summer. In the winter, he works as a lift attendant at a ski resort where he earns $13 per hour. During the summer, he drives a tour bus around the ski resort, earning $11 per hour.
-Refer to Scenario 18-3. During the winter months, what is Sam's opportunity cost of taking an hour off work to go skiing?
A)$13
B)between $11 and $12
C)$11
D)less than $11

Question

Quizplus · Accepted Answer

The opportunity cost of taking an hour off work is the wage he would have earned during that hour, which is $13 per hour in the winter.

Scenario 18-3 Sam Has Two Jobs, One for the Winter and One