Understanding opportunity cost
You work as an assistant coach on the university basketball team and earn $15 per hour. One day, you decide to skip the hour-long practice and, instead, go to the local carnival, which has an admission fee of $9.
The total cost (valued in dollars) of skipping practice and going to the carnival (including the opportunity cost of time) is.
A.$6
B.$9
C.$15
D.$24
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