All categories

1 year ago

what is the opportunity cost of attending technical school versus attending a 4-year college or university?

1 answer:

3 0

Opportunity cost is relevant in this situation. Your opportunity basically consists of the full amount of your college expenses plus the money you would've made when you have chosen to work instead of enrolling in school. The opportunity cost of attending college is $260,000.

The potential benefits that even a person, investor, or business forgo while choosing between two possibilities are known as opportunity costs. Opportunity costs can be easily disregarded since they are by nature invisible.

The opportunity cost would be the worth of what you forgo while making a decision among two or more choices. It's a basic principle that applies to both investing and daily life. The opportunity cost in investing would be the amount of cash you can lose by choosing one asset above another.

Learn more about opportunity cost here

brainly.com/question/24319061

#SPJ4

You might be interested in

chegg A company purchased $21,400 of supplies on credit. The journal entry to record this transaction consists of a:

OLga [1]

The journal entry to record this transaction consists of a: debit of the purchases account for $21400 and credit the accounts payable account for $21400

<h3>How to enter a transaction in a journal?</h3>

We are told that a company purchased $21,400 of supplies on credit.

Now, it is vital to note that in a journal, there is the credit column and also the debit column.

Now, the way we carry out recording the Journal Entry for a Credit Purchase is that;

When a business purchases goods or services on credit, the business will then debit the purchases account, which will increase the business’s assets.

The business will also credit the accounts payable account, which will increase the business’s liabilities.

Thus;

The journal entry to record this transaction consists of a: debit of the purchases account for $21400 and credit the accounts payable account for $21400

Read more about Journal Entry at; brainly.com/question/14279491

#SPJ1

4 0

1 year ago

You want to compare the health of students who walk to school to the health of

Neporo4naja [7]

Answer:

the bus student are fatter ususaly than the ones who walk because the lack of vitiman d in their skin

Explanation:

3 0

3 years ago

Which statement about the ACT English test is accurate?A.The test is made up of both multiple-choice questions and a required es

Kamila [148]

Answer:

C. The test is made up of multiple-choice questions that are based on a series of passages.

Explanation:

ACT is an acronym for American College Test is a nonprofit organization that is mission-driven and administers the standardized test which are used to admit high school students into college in the United States of America.

Basically, the ACT test comprises of four academic skills area and these includes; English, reading, science and mathematics.

Additionally, the ACT test is a multiple-choice examination that is written by using pencil and paper.

Hence, the statement about the ACT English test which is accurate is that, the test is made up of multiple-choice questions that are based on a series of passages.

3 0

2 years ago

luigi is willing to lend klaus $5,000 for one year at a nominal rate of interest of 7 percent. both luigi and klause expect the

svet-max [94.6K]

The real return is the difference between the nominal and actual rate of inflation. Therefore, the real return revived by Luigi will be 6%.

Given the Parameters :

Nominal rate = 7%

Actual rate of inflation = 1%

Real return = Nominal rate - Actual rate of return

Real Return = 7% - 1% = 6%

Therefore, the real return on Luigi's money would be 6%

Learn more : brainly.com/question/18801159

4 0

2 years ago

Dan bought x pounds of potatoes for $0. 85 per pound and y pounds of grapes for $1. 29 per pound. The total cost was less than $

Grace [21]

Answer:

0.85x + 1.29y < 5

5 0

2 years ago