3 Answered Questions for the topic opportunity cost

Opportunity Cost Economics Microeconomics

02/21/21

How do you calculate opportunity cost of attending college when given tuition, books and working time?

If college tuition is $2,000 this semester, books cost $400 and you can only work 10 hours rather than 40 during a 15 week semester, what is your opportunity cost of attending college?
Opportunity Cost

01/30/14

Opportunity Cost problem

Mary is considering a choice between moving to New York City or continuing to live in Princeton, New Jersey. If she moved to New York City, the salary from her new job would be $190,000. Her rent... more
Opportunity Cost

01/30/14

Opportunity Cost problem

Upon graduating from high school, Stewart has a choice of working full-time or attending college full time. College tuition and books cost $10,000 annually. If he went to college, he would have to... more

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