Melody Decides to Spend Three Hours Working Overtime Rather Than

question 106

Multiple Choice

Melody decides to spend three hours working overtime rather than going to the park with her friends.She earns $20 per hour for overtime work.Her opportunity cost of working is

• A)the $60 she earns working.
• B)the $60 minus the enjoyment she would have received from going to the park.
• C)the enjoyment she would have received had she gone to the park.
• D)nothing,since she would have received less than $60 worth of enjoyment from going to the park.

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Definitions:

Confidential Information

Sensitive data or knowledge that is meant to be kept secret and only shared with authorized individuals.

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A software tool or program that identifies and possibly corrects spelling errors in texts.

Too

A word indicating an excessive amount or degree of something.

Two

The numerical value representing a quantity equal to one plus one, often considered in contexts of comparison or difference.