Question

You decide to drive your car on a long road trip of 1,500 miles. The opportunity cost of driving your car: Multiple Choice is the amount of money spent on gas. is zero because the car is paid for. includes lost wages you could have earned instead of driving. the total expenses of the trip in the end.

Answer 1

Answer: includes lost wages you could have earned instead of driving

Explanation:

Some individuals prefer driving long distance for different reasons; some for the pleasure they gain racing, while some do so to save cost of either flying a plane or using a public transport. Opportunity cost is weighing on your available options. If you weighed travelling on the road driving will save some cost then you can go for it. But when driving such a distance you'd have saved up lost wages you'd have earned instead of other options.