Time left 0: If your tuition is $25,000 this semester, your books cost $1,500, you can only work 20 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 $7,500 this semester, then your opportunity cost of attending college this semester is O a. $26,800. O b. $26,500. O c. $38,500. O d. $31,000.
Time left 0: If your tuition is $25,000 this semester, your books cost $1,500, you can only work 20 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 $7,500 this semester, then your opportunity cost of attending college this semester is O a. $26,800. O b. $26,500. O c. $38,500. O d. $31,000.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
![Time left 0:
If your tuition is $25,000 this semester, your books cost $1,500, you can only work 20 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 $7,500 this
semester, then your opportunity cost of attending college this semester is
O a. $26,800.
O b. $26,500.
O c. $38,500.
O d. $31,000.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F42c6b28b-a5e5-40a9-95eb-ef9e8c8d2867%2F6d6721a0-5cd2-4685-9c8e-e19e8405e542%2Frq2q3f7_processed.png&w=3840&q=75)
Transcribed Image Text:Time left 0:
If your tuition is $25,000 this semester, your books cost $1,500, you can only work 20 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 $7,500 this
semester, then your opportunity cost of attending college this semester is
O a. $26,800.
O b. $26,500.
O c. $38,500.
O d. $31,000.
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