Microeconomics: Principles & Policy
14th Edition
ISBN:9781337794992
Author:William J. Baumol, Alan S. Blinder, John L. Solow
Publisher:William J. Baumol, Alan S. Blinder, John L. Solow
Chapter3: The Fundamental Economic Problem: Scarcity And Choice
Section: Chapter Questions
Problem 3DQ
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Question
1. In your decision to pursue an MBA degree, which of the following can be considered opportunity cost (s)?
a. The cost of books.
b. The tuition fees.
c. Time that became unavailable for other activities.
d. All of the above.
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