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If an Individual's Opportunity Cost of Commute Is $300 Per

Question 67

Multiple Choice

If an individual's opportunity cost of commute is $300 per month and his monthly commuting time is 60 hours,his opportunity cost of time is ________.


A) $5 per hour
B) $10 per hour
C) $30 per hour
D) $60 per hour

Correct Answer:

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