Explain the opportunity cost of doing other works.

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Chapter 2, Problem 17CQ

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Explain the opportunity cost of doing other works.

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How would scenarios A and B affect the opportunity cost of going to college versus going to work immediately after high school? In which scenario is the opportunity cost of going to college higher? Why?

Could you please provide an example (article) of the opportunity cost in real life and explain in economic terms why opportunity cost is in that particular situation?

Like a good economist, you calculated the cost of getting your college degree, including the opportunity cost. Suppose that at your university, you will pay $15,000 each year for tuition, $3,000 each year for textbooks, and $8,000 per year for room and board. Before you left for college, your boss at your high-school job offered you a job paying $15,000 per year.Assume that if you decided not to go to college, your parents would let you live at home for free.Including the opportunity cost, what is the cost of attending four years of college? $