Suppose Paul would pay $15,000 per year for tuition at Intelligentsia University. Books are $2,500 per year and fees are $1,000. If Paul attends the University, he will only be able to work part time so instead of earning $18,000 per year he will earn only $5,000. What is Paul's opportunity cost of attending the university for four years?

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The Answer of Suppose Paul would pay $15,000 per year for tuition at Intelligentsia University. Books are $2,500 per year and fees are $1,000. If Paul attends the University, he will only be able to work part time so instead of earning $18,000 per year he will earn only $5,000. What is Paul's opportunity cost of attending the university for four years?

Suppose Paul Would Pay $15,000 Per Year for Tuition at Intelligentsia