1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
3 years ago
10

Justin graduates from high school in one month. He already has an offer for a full-time job that would pay $25,000 a year. He is

also considering going to college for the next four years. Tuition is $8,000 a year. Room and board is $10,000 annually. If he works, he will not be able to make more than $3,000 a year doing part-time and summer work. Opportunity cost involves what is given up. What is the opportunity cost of attending college – explain in words, not mathematically?
History
1 answer:
Serga [27]3 years ago
3 0

Answer:

$25,000

Explanation:

Opportunity cost is the value of an alternative forgone. If he attends college, he will forgo $25,000 which he would have made if he did not go to college. Hence, the opportunity cost of Justin going to college is $25,000.

You might be interested in
Where did madison washington take the creole to gain his and his shipmates' freedom?
Rus_ich [418]
<span>Madison Washington took the Creole to the British Bahamas to gain his and his shipmates' freedom. Madison Washington, a slave cook himself, started a revolt while on board the ship Creole that carried 134 slaves meant to be sold in New Orleans. When they arrived to the British Bahamas, they were granted freedom after winning their case under British laws.  </span>
5 0
3 years ago
Read 2 more answers
Plato thought that the world we see is ?
strojnjashka [21]

Answer:

The sensible world

Explanation:

Cause that world comes from our senses

3 0
3 years ago
Read 2 more answers
What’s a Clovis point, and what does it tell us about the way the North American continent was settled by human beings?
lora16 [44]

Answer: The first clear evidence of human activity in North America are spear heads like this. They are called Clovis points. These spear tips were used to hunt large game. ... The extinction of these animals was caused by a combination of human hunting and climate change.

Explanation:

6 0
4 years ago
Why did New England mill owners of the early 19th century hire mostly female workers?
Phoenix [80]

Answer:

Lowell System Employed Young Women

The factory needed workers, and Lowell wanted to avoid using child labor, which was commonly used in fabric mills in England. ... The solution was to hire young women. In New England, there were a number of girls who had some education, in that they could read and write

3 0
3 years ago
The result of ______________________ led to the U.S. acquiring the Philippines, Guam, and Puerto Rico.
Tresset [83]

Answer:

The result of Mexican-American war led to the U.S. acquiring the Philippines, Guam, and Puerto Rico.

Explanation:

The result of the war was the 1898 Treaty of Paris, negotiated on terms favorable to the U.S. which allowed it temporary control of Cuba and ceded ownership of Puerto Rico, Guam, and the Philippine islands.

6 0
3 years ago
Other questions:
  • What is the term for an amendment designed to ensure the defeat of a bill on a final vote?
    10·1 answer
  • What does the graph tell you about the balance of income during the late 1800s?
    12·2 answers
  • Who was the first black movie actor?
    6·2 answers
  • 5). Labor competition between Irish women and black workers was most apparent in...
    7·1 answer
  • Who likes what i made
    9·2 answers
  • Plz help me well mark brainliest if correct
    9·1 answer
  • President Lincoln issued the Emancipation Proclamation which went into effect on January 1, 1863. What was the significance of
    12·1 answer
  • Throughout history, the countries of east africa have been centers of ____
    12·1 answer
  • 39 Germany states joined the ___ to promote economic interests
    7·1 answer
  • A problem that faces Japan's modern economy is:
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!