Mr. Karim is planning to pursue MBA studies. Initial inquiry shows that he will have to pay RM 24,000 as a tuition fee, buy books for RM 1,000, and pay for transport RM 1,000. The MBA study program will extend over 18 months. Mr. Karim is working now with a salary of RM 3,000 per month. Being a full-time student, he will have to forego the income from his present job for the period of study.
Mr. Karim is planning to pursue MBA studies. Initial inquiry shows that he will have to pay RM 24,000 as a tuition fee, buy books for RM 1,000, and pay for transport RM 1,000. The MBA study program will extend over 18 months. Mr. Karim is working now with a salary of RM 3,000 per month. Being a full-time student, he will have to forego the income from his present job for the period of study.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Mr. Karim is planning to pursue MBA studies. Initial inquiry shows that he will have to
pay RM 24,000 as a tuition fee, buy books for RM 1,000, and pay for transport RM 1,000.
The MBA study program will extend over 18 months. Mr. Karim is working now with a
salary of RM 3,000 per month. Being a full-time student, he will have to forego the income
from his present job for the period of study.
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