Suppose your expenses for this term are as follows: tuition: $5,000, room and board (housing and food): $6,500, books and other educational supplies: $1,500. Further, during the term, you can only work part-time and earn $4,000 instead of your full-time salary of $14,000. What is the opportunity cost of going to college this term, assuming that your housing and food expenses would be the same even if you did not go to college

Respuesta :

Answer:

so the total expenses would be $13,000

you made $4,000

that would leave us with $9,00

to answer your question, it would be:

$13,000

- $5,000

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$8,000

$8,000

-$4,000

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$4,000 total!

Explanation:

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