After earning your BA, you have to decide whether to accept the offer of a job that will pay you
$45,000 per year or spend an additional two years earning an MBA.If you decide to pursue the graduate degree, your annual expenses for tuition, books, board, and lodging will be $32,000.You have been offered a scholarship for $10,000 per year, but in order to pay the remaining $22,000 per year, you would have to cash in savings bonds that your grandparents have given you that have been earning $500 in interest per year.The annual opportunity cost of earning your MBA is:
A.$67,500.
B.$77,000.
C.$99,000.
D.$77,500.

Question

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The Answer of After earning your BA, you have to decide whether to accept the offer of a job that will pay you
$45,000 per year or spend an additional two years earning an MBA.If you decide to pursue the graduate degree, your annual expenses for tuition, books, board, and lodging will be $32,000.You have been offered a scholarship for $10,000 per year, but in order to pay the remaining $22,000 per year, you would have to cash in savings bonds that your grandparents have given you that have been earning $500 in interest per year.The annual opportunity cost of earning your MBA is:
A.$67,500.
B.$77,000.
C.$99,000.
D.$77,500.

After Earning Your BA, You Have to Decide Whether to Accept