Multiple Choice
Harry has just received his bachelor's degree and is considering two alternatives. (1) He could obtain an entry-level accounting position paying £30,000 per year. (2) He could obtain his master's degree with one more year of study and work part-time for £8,000 per year. The opportunity cost associated with Harry obtaining his master's degree is
A) £-0-.
B) £22,000.
C) £30,000.
D) £38,000.
Correct Answer:
Verified
Correct Answer:
Verified
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