What is opportunity cost for four years of college

Assignment Help Business Management
Reference no: EM131695457

Like a good economist, you calculated the opportunity cost of getting your college degree. Suppose that at your university, you will pay $12000 each year for tuition, $2000 each year for textbooks, and $8000 per year for room and board. Before you left for college, your boss at your high-school job offered you a job paying $15000 per year.

Assume that if you decided not to go to college, your parents would not let you live at home.

What is your opportunity cost for four years of college? $

Reference no: EM131695457

Questions Cloud

Increased labor productivity reduces the need for workers : Increased labor productivity reduces the need for workers? Do you agree with such statement? Discuss how an economy can enjoy the gain from increased.
State the level of materiality as immaterial : State the level of materiality as immaterial, material, or high material. If you cannot decide the level of materially
Equilibrium output and the equilibrium interest rate : 1. Draw the effect of a decrease in government spending in the IS-LM model. Upload a picture of your graph. 2. What happens to equilibrium output.
Discuss relapse over and over abusing drugs : programs what options or interventions may be available and what should one do after all resources have been exhausted
What is opportunity cost for four years of college : Assume that if you decided not to go to college, your parents would not let you live at home.
Prepare a static budget for the inspection activity : Static Budget for an Activity Madison Company decided to look more closely at the inspection activity in its factory.
What amount is included in norton gross estate : What amount is included in Norton's gross estate? Describe your analysis. Which properties added to the value of his gross estate
Determine the challenges marketers currently face : Determine the challenges marketers currently face with clutter and its impact on marketing communication
What are the pros of arbitration compared to mediation : A form of alternate dispute resolution is mediation. What are the pros and cons of arbitration compared to mediation?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd