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suiren suiren
wrote...
Posts: 496
5 years ago

Question 1.

If your tuition is $2,000 this semester, your books cost $400, you can only work 10 rather than 40 hours per week during the 15 weeks you are taking classes and you make $12 per hour, and your room and board is $4,000 this semester (same as if not attending college), then your opportunity cost of attending college this semester is



▸ $2,400.

▸ $2,760.

▸ $7,800.

▸ $11,800.

Question 2.

If your tuition is $20,000 this semester, your books cost $2,000, you can only work 10 rather than 40 hours per week during the 15 weeks you are taking classes and you make $15 per hour, and your room and board is $8,000 this semester (same as if not attending college), then your opportunity cost of attending college this semester is



▸ $22,000.

▸ $22,150.

▸ $28,750.

▸ $36,750.
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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1 Reply
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Answer verified by a subject expert
samah952samah952
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Posts: 367
5 years ago
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