Timothy quits his job,which pays $87000 a year ,to enroll in a 3 years graduate program. His annual school expenses are $535 00 for tuition ,$6800 for books ,and $1100 for food .What is the opportunity cost of attending the graduation?

Q: List the opportunity costs of the following: a. going to college b. missing a lecture c. withdrawing…

A:

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Q: Timothy quits his job, which pay $86000 a year, to enrol in a 3-year graduate program .His annual…

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A: Opportunity cost measures the trade-off between two goods.

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A: When the production possibility curve is concave in shape then the opportunity cost is increasing.…

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A: Opportunity cost is the benefit that is not received due to not choosing the other option.

Q: timothy quits his job, which pays $87000 a year to enrol in a 3 year graduate program. his anual…

A: Yearly amount from the job = $87000 The Annual school expense = $53500 Books charges = $6800 Food…

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A: Please find the answer below.   OPPORTUNITY COST: Opportunity costs represent the potential benefits…

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Q: opportunity cost

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A: As a matter of first importance we want to comprehend what opportunity cost is:- OPPORTUNITY COST is…

Q: hat is your opportunity cost of going to college

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A: d. what you would have done during the time if you were not working.

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