Multiple Choice
If the cost of tuition is $1000; books cost $500; supplies cost $100; and you could have earned $20000 instead of attending college, then the total opportunity cost of attending college is:
A) $1600.
B) $21 600.
C) $20 000.
D) impossible to determine unless an interest rate is known.
Correct Answer:
Verified
Correct Answer:
Verified
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