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After You Graduate, You Have Decided to Accept a Position

Question 103

Multiple Choice

After you graduate, you have decided to accept a position working at the Bureau of Labor Statistics for $45,000.00 a year. The two other offers you received were working for Wal -Mart for
$38,000 and working for Ernst and Young consulting for $42,000. Of these two offers, you would have preferred the job at Ernst and Young. What is the opportunity cost of accepting the position at the Bureau of Labor Statistics?


A) the $42,000 you would have been paid working for Ernst and Young and the $38,000 you would have been paid working for Wal-Mart
B) the $42,000 you would have been paid working for Ernst and Young
C) the $45,000 you are paid for working at the Bureau of Labor Statistics
D) the $38,000 you would have been paid working for Wal -Mart

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