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.
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.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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