Thread: 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

Originally Posted by supersaiyan

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.