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AndrewKraus AndrewKraus
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7 years ago
Define opportunity cost. A student who has just graduated from college has three job offers: the first job pays him $35,000 a year, the second job pays him $23,000 a year, and the third one pays him $15,000 a year. What is the student's opportunity cost of taking the first job?
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Microeconomics

Microeconomics


Edition: 1st
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SudzburySudzbury
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7 years ago
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AndrewKraus Author
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#2
7 years ago
Excellent answer, thx
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