Suppose after graduating from college you get a job working at a bank earming RM30,000 per year. After two years of working at the bank earning the same salary, you have an opportunity to enroll in a one-year graduate program that would require you to quit your job at the bank. Which of the following should not be included in a calculation of your opportunity cost? А. The RM45,000 salary that you will be able to earn after having completed your graduate program В. The RM30,000 salary that you could have earned if you retained your job at the bank C. The value of insurance coverage and other employee benefits you would have received if you retained your job at the bank D. The cost of tuition and books to attend the graduate program

Suppose after graduating from college you get a job working at a bank earming RM30,000 per year. After two years of working at the bank earning the same salary, you have an opportunity to enroll in a one-year graduate program that would require you to quit your job at the bank. Which of the following should not be included in a calculation of your opportunity cost? А. The RM45,000 salary that you will be able to earn after having completed your graduate program В. The RM30,000 salary that you could have earned if you retained your job at the bank C. The value of insurance coverage and other employee benefits you would have received if you retained your job at the bank D. The cost of tuition and books to attend the graduate program

Principles of Economics, 7th Edition (MindTap Course List)

7th Edition

ISBN:9781285165875

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter18: The Markets For The Factor Of Production

Section: Chapter Questions

Problem 8PA

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