After you graduate, you have decided to accept a position working at the Bureau of Labor Statistics for $35,000.00 a year. The two other offers you received were working for WalMart for $28,000 and working for Ernst and Young consulting for $32,000. What is the opportunity cost of accepting the position at the Bureau of Labor Statistics?

After you graduate, you have decided to accept a position working at the Bureau of Labor Statistics for $35,000.00 a year. The two other offers you received were working for WalMart for $28,000 and working for Ernst and Young consulting for $32,000. What is the opportunity cost of accepting the position at the Bureau of Labor Statistics?

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter14: Money And Banking

Section: Chapter Questions

Problem 23AA

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