Question

Which of the following is the opportunity cost of the commuting cost t? J Gasoline Cost Automobile insurance cost Automobile depreciation Getting up early to catch up LIRR to ManhattanPlease explain if possible

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Answer #1

Option 4

Opportunity cost is the next best alternative cost forgone for selecting an option. Here by selecting the commuting the opportunity cost is the LIRR to Manhattan.

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Please explain if possible Which of the following is the opportunity cost of the commuting cost...
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