Ali decides to attend the one-hour review session for microeconomics instead of working at his job.His job pays him $10 per hour.Ali's opportunity cost of attending the review session is
A)the value of the session minus the $10 he could have earned at his job.
B)the $10 he could have earned at his job.
C)nothing,because the review session does not cost anything.
D)equal to the benefit he gets from the review session.
E)the one-hour review session.

Question

Quizplus · Accepted Answer

Ali's opportunity cost of attending the review session is the $10 he could have earned at his job.

Ali Decides to Attend the One-Hour Review Session for Microeconomics