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Welcome to the Q&A for ECN/APEC 2010, where you can ask questions and receive answers from your fellow students, the TA, and your professor.

Please only ask questions about the material for the course. Try to create discussions about the material we see in class, instead of just thinking of economics in general (this is an introduction to microeconomics class, not a policy or government class).

For questions and discussions about course organization or other course related topics, come see us after class or during office hours.

Feel free to discuss quiz questions on the Q&A, but do not provide direct answers to quiz questions before the quiz's due date.

What is the opportunity cost of taking this class at 3:00 PM?

+5 votes
85 views
It is quite late in the day, but what do you think?
asked Jan 16 by canvas-7bf20f855a82d (360 points)
In the future, offer some of your own ideas or opinions too, it may help foster more discussion.
Having to take it at 9 or 12

7 Answers

+7 votes
I had to sacrifice a shift at work, where I could have made $40-$50, but it the end I will be making more money with a career in the major I will graduate in.
answered Jan 16 by canvas-7bf20f855a82d (360 points)
+3 votes
My opportunity cost for taking this is that I can focus better at a later time and it was the only class that would fit into my schedule, but I have to give up time for studying and work. It is important looking for the opportunity cost in your own life in order to make the best decision.
answered Jan 16 by canvas-96fab52dfbc7d (200 points)
+1 vote

I had to switch my shifts around at work so i could come to class but, i will be making more money in the future by graduating in the field i want to go into.

answered Jan 18 by canvas-0beab539b2710 (387 points)
+2 votes
For me, the opportunity cost is quite low! I did not have anything else scheduled at this time (such as work, or other classes) and this class will help me understand how to make decisions based on opportunity cost! So totally worth it.
answered Jan 19 by canvas-7fe9f251727a9 (185 points)
+1 vote
Probably your 3:00 pm Nap and snack time... is there a monetary value on naps? I Don't know but if there was i was sure it would be a very high sum.
answered Jan 23 by canvas-aabf37b081cbb (115 points)
+1 vote
For me the opportunity cost is really low too. If not taking this class I'll be at home sleeping for the whole time.

So to me it's definitely worth it
answered Jan 27 by Canvas-zx2214786ab12 (240 points)
+1 vote
I have to leave work early on Tuesday and Thursday and I make 17.50 an hour. I miss out on 2 hours of work every day I go to class. My OC is $35.00 per class.
answered May 1 by canvas-55bc761efa649 (181 points)
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