Question

Which of the following would not be included when calculating the opportunity cost of a student...

Which of the following would not be included when calculating the opportunity cost of a student having an after school job? 
Select the correct answer below:
$10 per hour wages 
decrease in grades from lost time studying 
after school activities foregone
decreased time spent with friends 

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Homework Answers

Answer #1

Answer is clearly a option.

Bcoz after school job, implies that the student doesn't have time to study well & then it affects his college grades which is a foregone opportunity once he is in job

He can't have spare time to enjoy with friends again this soothes him mentally & a kind of refreshment that he is being denied off.

Also some after school activities like pursuing hobbies or playing reading & all are completely affected , which are an essential part for mental fitness, this again acts as a cost.

So option a isn't any type of opportunity cost

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