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Tony decided to visit his parent in San Diego during the long weekend. He has two options.
Either he can take a flight or carpool with his friends. The flight cost is $300 and it takes 2 hours
to reach home. Carpool cost is $100 and he will reach home in 8 hours. If he decides to carpool
with his friends, the opportunity cost of his decision is:
Group of answer choices
8 Hours
6 hours
$200
$300

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  • 1. Tony decided to visit his parent in San Diego during the long weekend. He has two options. Either he can take a flight or carpool with his friends. The flight cost is $300 and it takes 2 hours to reach home. Carpool cost is $100 and he will reach home in 8 hours. If he decides to carpool with his friends, the opportunity cost of his decision is: Group of answer choices 8 Hours 6 hours $200 $300