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tatiyna
3 years ago
10

Consider the following information regarding a person's decision to go to college college tuition is $20,000 per year, room and

board is $10,000 per year, and books and materials are $2,000 per year. Suppose that instead of going to college this person could have camed $18,000 working in a store. An economist would calculate the cost of going to college O a $20,000 O b. $18,000 O c. 550,000 O d. $32,000. o e. $30,000
Business
1 answer:
Ostrovityanka [42]3 years ago
7 0

Answer:

$50,000

Explanation:

The computation of the cost of going the college is shown below:

= College tuition fees per year + boarding fees per year + books and materials charges per year + earnings while working

= $20,000 + $10,000 + $2,000 + $18,000

= $50,000

For computing the cost of going to the college we simply added the total cost that is mentioned in the question so that the accurate amount could come

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