Business, 04.10.2019 19:20 arielpraczko1

Tom richards, a local doctor, decides to play a round of golf on wednesday afternoon. the round of golf will take dr. richards five hours to complete (including travel time to and from the course). the out of pocket expenses for the green fees, lost golf balls, cart rental, gas expense, and tips to the bag boys total $80. a healthy lunch at the course, which he eats everyday, cost him $20. dr. richards earns $100 per hour at his practice. what is the opportunity cost of dr. richards’ wednesday afternoon golf outing
a. $80
b. $100
c. $500
d. $580
e. $600

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Tom richards, a local doctor, decides to play a round of golf on wednesday afternoon. the round of g...

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