Question: A human has the choice to spend 2 3 ?hours working or learning. If they spend an hour working, they earn $ 1 3 .

A human has the choice to spend 2 3 ?hours working or learning. If they spend an hour working, they earn $ 1 3 . ?If they spend an hour learning, then they can expect to progress through 5 ?course concepts. What is their opportunity cost if they change from working 2 ?hours and learning 2 1 ?hours, to working 1 1 ?hours and learning 1 2 ?hours?
Group of answer choices
they gain $ 5 3 , ?and forgo learning 2 1 6 ?course concepts
they gain $ 9 1 , ?and learns another 1 5 1 ?course concepts
they gain $ 1 1 7 , ?and forgo learning 4 5 ?course concepts
they forgo $ 2 9 , ?and learns another 1 2 ?course concepts

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!