Here are the costs of going to college: tuition $5,000; books $200; housing $1,000; food $1,000; lost income from work $10,000. Studying and work are equally desirable in your mind. Suppose that you could live at home at no cost to you if you worked, but must live on campus if you go to school. What is the total opportunity cost to you of going to school rather than working? (Food costs the same at school or home.)
A) $16,200
B) $7,200
C) $5,200
D) $15,200
Correct Answer:
Verified
Q15: The reservation price of good X is
A)the
Q16: You decide to lend $100 to a
Q17: If you are at an all-you-can-eat buffet
Q18: Here are the costs of going to
Q19: You decide to go skiing this weekend.
Q21: When you golf you receive 18 units
Q22: Which of the following statements could be
Q23: You can drive to campus, take a
Q24: You are in the line to go
Q25: Academic institutions frequently talk about academic excellence
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents