anonymous
  • anonymous
A tennis club charges a monthly membership fee of $150 and charges it members $10 per hour to use a court. There\'s also $500 fee to become a member. Stella joined the tennis club last spring, and she has been a member for 5 months. She has been playing 10 hours of tennis each month. Stella values an hour of her time at $20. During a boring afternoon meeting, Stella thinks about reserving a court to work on her serve for an hour tonight. What\'s Stella\'s opportunity cost of working on her serve for an hour?
OCW Scholar - Principles of Microeconomics
chestercat
  • chestercat
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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

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anonymous
  • anonymous
$10

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