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    What is the opportunity cost of the trip to Costa Rica?

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    You can either spend spring break working at home in Alabama for $200 a day for five days, or you can spend the week in Costa Rica where travel expenses will total $700 (food, hotel, and a plane ticket.) What is the opportunity cost of the trip to Costa Rica? Explain how you determined your answer.

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    https://brainmass.com/economics/macroeconomics/opportunity-cost-trip-costa-rica-456476

    Solution Preview

    Answer:
    Given that,
    Earning per day working at home=$200 per day for 5 days
    Expense for a week ...

    Solution Summary

    The opportunity cost of the trip to Costa Rica are examined.

    $2.19