If Bruce pays $2000 in tuition fees to the college, what does his opportunity cost?     $2000 minus the income the student forgoes by attending school rather than working.     $2000.     the income the student forgoes by attending school rather than working plus his tuition fees.     there is no opportunity cost since Bruce chose to study rather than working.

Question

If Bruce pays $2000 in tuition fees to the college, what does his opportunity cost?

   

$2000 minus the income the student forgoes by attending school rather than working.

   

$2000.

   

the income the student forgoes by attending school rather than working plus his tuition fees.

   

there is no opportunity cost since Bruce chose to study rather than working.

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Opportunity Cost

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