if-a-student-chooses-to-spend-an-hour-studying-instead-of-working-a-part-time-jo

Question

If a student chooses to spend an hour studying instead of working a part-time job that pays $10 per hour, what is the opportunity cost of studying?

Accepted Answer

$10

Answer

There is no opportunity cost.

Answer

The knowledge gained from studying.

Answer

The cost of study materials.