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Suppose That Your Tuition to Attend College Is $24,000 Per

Question 108

Multiple Choice

Suppose that your tuition to attend college is $24,000 per year and you spend $8,000 per year on room and board. If you were working full time, you could earn $30,000 per year. What is your opportunity cost of attending college for one year?


A) $32,000
B) $38,000
C) $54,000
D) $62,000

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