What is the opportunuity cost if you make 15 a hour but you decide not to work for a 1 hour and go to the movie which cost 10 what is the opportunity cost?

Opportunity cost refers to the value of the next best alternative that is forgone when a decision is made. In this case, the opportunity cost would be the value of the forgone earnings from not working for one hour in favor of going to the movies.

To calculate the opportunity cost, you need to determine the earnings you would have received if you had worked for that hour. Since you make $15 per hour, the opportunity cost would be $15. This means that by choosing to go to the movies instead of working, you are giving up the opportunity to earn $15.

It's important to note that opportunity cost is subjective and can vary depending on individual circumstances, preferences, and alternatives.