The Following Table Shows the Various Combinations of Rugs and Chairs

Essay

The following table shows the various combinations of rugs and chairs that the consumer can buy with $100:

-Sam pays $600 for 30 days of guitar classes.He attends an hour-long class every day.If,instead of attending class,he works at a part-time job,he would be paid $5 an hour.Alternatively,he could work at a fast-food outlet and earn $9 per hour.Once he has already paid a nonrefundable fee of $600 to enroll in the class,what is his opportunity cost of attending each hour of class?