Jack, an outstanding high school baseball player, has to decide whether to sign a contract with a major league baseball organization or to go to college.If Jack is determining his opportunity costs to go to college instead, he would include
A) just the tuition and fees he would pay.
B) the tuition and fees he would pay and the costs of books he must purchase.
C) the tuition and fees he would pay, the costs of the books he must purchase plus the costs of room and board.
D) the tuition and fees he would pay, the costs of books he must purchase, the extra costs of room and board to live on campus minus the income he would receive from playing professional baseball.
E) the tuition and fees he would pay, the costs of books he must purchase, the extra costs of room and board to live on campus plus the income he would receive from playing professional baseball.
Correct Answer:
Verified
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