Please Help me understand my E

timer Asked: Feb 24th, 2016

Question description

Please Help me understand my Economics homework.. the question is:

A Student is considering skipping the lecture in favor of going to the mall to see a two-hour movie instead. The movie costs $10. An average lecture endows the student with $25 of human capital, but a semeseter of 30 lectures costs $240 (suppose the student is not charged if he skips) Finally, the student can work and earn $15 an hour. Calculate the full Economic cost of the movie.

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