Pete Just Started a New Job as an Assembler and Is

question 66

Multiple Choice

Pete just started a new job as an assembler and is earning a wage of $10 per hour.Sam,who is an experienced assembler assigned to train Pete,earns $15 per hour.The opportunity cost to Pete of acquiring this skill is

• A) $25 per hour.
• B) $15 per hour.
• C) $10 per hour.
• D) $5 per hour.
• E) $0 per hour because Pete is being paid a wage.

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Definitions:

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