Alawyer can argue a case in court for one hour and make $300. she could alternatively use that hour of time to type a legal brief in her office. what is the opportunity cost of her typing the legal brief? nothing, since she would always hire an administrative assistant to type for her nothing, since she would never type a legal brief there is not enough information in this problem to be able to answer the question. $300, since that is the amount she could have made by arguing a case in court

$300, since that is the amount she could have made by arguing a case in court

Explanation:

The opportunity cost is what a person sacrifices when one alternative is chosen. In this case the lawyer can choose either to argue a case in court or type a legal brief in her office. If she decides to type the legal brief, what she is scarifying is to argue the case in court and make $300. Then, the opportunity cost is what she decides not to do

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