Solution-Implicit cost of buying the computer

Implicit cost of buying the computer

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Reference no: EM131396235

You are going to buy a new computer at a downtown store that is a 25-minute drive each way and has the computer for $860. You earn $16 per hour at your job and will have to take time off to go buy the computer. You can expect to spend 40 minutes in the store making your purchase. What is the implicit cost of buying the computer? Enter an answer such as 42.00 or 34.50, with two decimal places.

Reference no: EM131396235

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Implicit cost of buying the computer

Reference no: EM131396235

Reference no: EM131396235

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