Karl chooses to walk to work instead of taking the metro.     A. The opportunity cost of walking to work is the time Karl could have spent on other activities or enjoying his leisure time.   B. The opportunity cost of​ Karl's decision is the time that he could have spent more productively at the workplace.

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter2: Scarcity And Opportunity Costs
Section: Chapter Questions
Problem 4E
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Karl chooses to walk to work instead of taking the metro.
 
 
A.
The opportunity cost of walking to work is the time Karl could have spent on other activities or enjoying his leisure time.
 
B.
The opportunity cost of​ Karl's decision is the time that he could have spent more productively at the workplace.
 
C.
All of the above.
 
D.
None of the above.
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