Answer to Question #115927 in Microeconomics for desmond

Question

You plan a major adventure trip for the summer. You won’t be able to take your usual
summer job that pays $6,000, and you won’t be able to live at home for free. The cost of
your travel accomodations on the trip will be $3,000, gasoline will cost you $200, and
your food will cost $1,400. What is the opportunity cost of taking this trip

Answer 1

Solution:

$$6000+3000+200+1400=10600$$

Answer: $10600