Question

If Brenda chooses to pay $8 for a movie ticket, rather than work for 4 hours at $10/hour. What is the opportunity cost

Answer 1

Opportunity cost is the value of the next best alternative in this case 4*10 = 40 $

Answer 2

thank you

Answer 3

It was actually $8

Answer 4

She has chosen the negative $ 8 option, how can it be the opportunity cost ?

PS: I can be wrong too,if it is possible provide an explanation so that I can correct myself.