# economics

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Mary earns \$100/day at a flower shop. She will take 2 days off without pay to attend an out of town wedding. Transportation will cost \$180 round trip. Hotel \$99/day for 2 nights. What is the opprotunity cost?

• economics -

If she had worked those two days, she would make +\$200

Instead, she spends \$180 + \$198 = \$378

The total opportunity cost is 378 + 200 = 578. This is how much money she'll lose by going on the trip instead of working

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