If your tuition is $20,000 this semester, your books cost $2,000, you can only work 10 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 $8,000 this semester, then your opportunity cost of attending college this semester is O a. $28,750. O b. $22,000. O c. $22,150. O d. $36,750.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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If your tuition is $20,000 this semester, your books cost $2,000, you can only work 10 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
$8,000 this semester, then your opportunity cost of attending college this semester is
a. $28,750.
O b. $22,000.
O c. $22,150.
O d. $36,750.
Transcribed Image Text:If your tuition is $20,000 this semester, your books cost $2,000, you can only work 10 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 $8,000 this semester, then your opportunity cost of attending college this semester is a. $28,750. O b. $22,000. O c. $22,150. O d. $36,750.
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