Suppose a student has two options for the upcoming year. She can earn $30,000 next year working full-time at Albertson's, or earn $0 returning to college full-time for another year and paying $6,000 in tuition and fees. The opportunity cost of the student returning to college next year is a) $30,000 b) $6,000 c) $36,000 d) $0
Suppose a student has two options for the upcoming year. She can earn $30,000 next year working full-time at Albertson's, or earn $0 returning to college full-time for another year and paying $6,000 in tuition and fees. The opportunity cost of the student returning to college next year is a) $30,000 b) $6,000 c) $36,000 d) $0
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Suppose a student has two options for the upcoming year. She can earn $30,000 next year working full-time at Albertson's, or earn $0 returning to college full-time for another year and paying $6,000 in tuition and fees. The
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