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Math Help - Need help with Opportunity cost type of problems

  1. #1
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    Need help with Opportunity cost type of problems

    A person makes 30$ per hour as plumber, he must take 2 hours off cuz of a dentist appointment. Dentist charges $80 . Company will pay him for 2 hours . what is the Opportunity cost for the company
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  2. #2
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    Quote Originally Posted by supersaiyan View Post
    A person makes 30$ per hour as plumber, he must take 2 hours off cuz of a dentist appointment. Dentist charges $80 . Company will pay him for 2 hours . what is the Opportunity cost for the company
    Opportunity cost for the company (i think) is the profit that could have been made if the person had worked the 2 hours instead of going to the dentist.
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