Solved

Stefanie Is Presently Working Part Time as an Activities Facilitator

Question 142

Essay

Stefanie is presently working part time as an activities facilitator at a local community centre where she earns $1,400 a month. She is not happy with her job and is thinking of returning to college to do a two-year programme to upgrade her skills. She has estimated the costs of doing this as follows:  Annual cost of tuition and textbooks $4200 Annual cost of board and lodging (same as present) 10000 Additional transportation costs per year 800\begin{array} { l r } \text { Annual cost of tuition and textbooks } & \$ 4200 \\\text { Annual cost of board and lodging (same as present) } & 10000 \\\text { Additional transportation costs per year } & 800\end{array} What would be an economist's estimate of the cost of Stefanie taking the two-year programme?

Correct Answer:

verifed

Verified

(4,200 × 2) + (800 ×...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents