your tuition is $27,000 this semester, your books cost $ 2,500, you can only work 20 rather than 50 hours per week during the 15 weeks you are taking classes and you make $10 per hour, and your room and board is $ 8,500 this semester (same as if not attending college), then your opportunity cost attending college this semester isSelect one: a. $34,000. b. $32,500. c. $ 42,500. d. $41,000

Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Cost Of Production
Section: Chapter Questions
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your tuition is $27,000 this semester, your books cost $
2,500, you can only work 20 rather than 50 hours per
week during the 15 weeks you are taking classes and
you make $10 per hour, and your room and board is $
8,500 this semester (same as if not attending college),
then your opportunity cost attending college this
semester isSelect one: a. $34,000. b. $32,500. c. $
42,500. d. $41,000
Transcribed Image Text:your tuition is $27,000 this semester, your books cost $ 2,500, you can only work 20 rather than 50 hours per week during the 15 weeks you are taking classes and you make $10 per hour, and your room and board is $ 8,500 this semester (same as if not attending college), then your opportunity cost attending college this semester isSelect one: a. $34,000. b. $32,500. c. $ 42,500. d. $41,000
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