John gives up a shift at work so he can go to Universal with a friend. He spends $150 at Universal. He would have earned $220 during the shift at work. John's explicit cost of going to Universal is $. His implicit cost of going to Universal is $. His opportunity cost of going to Universal is $. If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $. Enter whole numbers only.

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Business

Philip Atkinson

14 July, 11:23

John gives up a shift at work so he can go to Universal with a friend. He spends $150 at Universal. He would have earned $220 during the shift at work. John's explicit cost of going to Universal is $. His implicit cost of going to Universal is $. His opportunity cost of going to Universal is $. If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $. Enter whole numbers only.

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Jack Sims · Answer 1

Answer: John's explicit cost of going to Universal is $150. His implicit cost of going to Universal is $220. His opportunity cost of going to Universal is $ 70. If John had decided NOT to go to Universal, and instead went to work, then at the end of the work day he would have $ 220