You work as a tutor at your school making 15 per hour


You work as a tutor at your school, making $15 per hour. Yesterday, you decided to cancel your two-hour tutoring appointment in order to meet friends for a coffee. The coffee cost you $3.50. What was the opportunity cost of this decision in dollars?

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Econometrics: You work as a tutor at your school making 15 per hour
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