document.write( "Question 1184795: Peter works $12 per hour, and has a 25 hour work week. If he decides to go on a trip with some friends (cost of the trip is $350.)instead of reporting to work, what is the opportunity cost of peter’s decision \n" ); document.write( "
Algebra.Com's Answer #815484 by ankor@dixie-net.com(22740) You can put this solution on YOUR website! Peter works $12 per hour, and has a 25 hour work week. \n" ); document.write( " If he decides to go on a trip with some friends (cost of the trip is $350.)instead of reporting to work, what is the opportunity cost of peter’s decision \n" ); document.write( ": \n" ); document.write( "Assuming he is gone a week on his trip, the cost of his decision is \n" ); document.write( "25(12) + 350 = $650, the wages he lost, plus the cost of the trip \n" ); document.write( " |