Tony decided to visit his parent in San Diego during the long weekend. He has two options. Either he can take a flight or carpool with his friends. The flight cost is $300 and it takes 2 hours to reach home. Carpool cost is $100 and he will reach home in 8 hours. If he decides to carpool with his friends, the opportunity cost of his decision is: 0 8 Hours $200 O $300 O 6 hours

Tony decided to visit his parent in San Diego during the long weekend. He has two options. Either he can take a flight or carpool with his friends. The flight cost is $300 and it takes 2 hours to reach home. Carpool cost is $100 and he will reach home in 8 hours. If he decides to carpool with his friends, the opportunity cost of his decision is: 0 8 Hours $200 O $300 O 6 hours

EBK HEALTH ECONOMICS AND POLICY

7th Edition

ISBN:9781337668279

Author:Henderson

Publisher:Henderson

Chapter4: Economic Evaluation In Health Care

Section: Chapter Questions

Problem 7QAP

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