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GaryK [48]
3 years ago
12

Susan quits her administrative job, which pays $40,000 a year, to finish her four-year college degree. Her annual college expens

es are $8,000 for tuition, $900 for books, and $2,500 for food. The opportunity cost of attending college for the year:
Mathematics
1 answer:
MrMuchimi3 years ago
4 0

Answer:

The opportunity cost is $28.600

Step-by-step explanation:

The opportunity cost is the value of the best alternative that is rejected. If Susan goes to college loses what he would win from her salary minus any potential gains from investment in education in college. It can be found as this:

Expenses: 8000 + 900 + 2500 = 11.400

So OCost is: 40.000 - 11.400 = 28600

She would lose 28.600 of income per year because of going to college.

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Next year it rose by 6%, so add that 6% to 100% and multiply with population measured

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Since a man cant be 0,24, we count that as +1

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That was for a year after measurement, now let's calculate for another year
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13.380 × (100%+6%) = 13.380 × 106% = 14.182,8

since 0,8 isn't a man, instead we add again +1

14.182,8 = 14.182 + 1 = 14.183

now let's do it for another year after last, by adding those 6% to a newest population number

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round it again to +1, since 0.98 isn't a man

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that is it, now graph is in the picture.

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