Question 1
If your tuition is $25,000 this semester, your books cost $1,500, you can only work 20 rather than 40 hours per week during the 15 weeks you are taking classes and you make $15 per hour, and your room and board is $7,500 this semester (same as if not attending college), then your opportunity cost of attending college this semester is
◦ $26,500.
◦ $26,800.
◦ $31,000.
◦ $38,500.
Question 2
If you own a building and you decide to use that building to open a book store
◦ there is no opportunity cost of using this building for a book store because you own it.
◦ there is an opportunity cost of using this building for a book store because it could have been used in other ways.
◦ the opportunity costs equal the cost of inventory.
◦ the only cost relevant to this decision is the price you paid for the building.
Manta ray in the open ocean
Examples of open and closed ended questons
Book scorpian
Balloon angioplasty is used to open coronary vessels.
Building a Client Base
Cordilleran-Type Mountain Building