suppose a student athlete has the opportunity to earn $800,000 next year playing basketball, $700,000 next year playing basketball or $0 going to college. what is the opportunity cost of going back to...

1 answer below »
suppose a student athlete has the opportunity to earn $800,000 next year playing basketball, $700,000 next year playing basketball or $0 going to college. what is the opportunity cost of going back to college

Answered Same DayDec 20, 2021

Answer To: suppose a student athlete has the opportunity to earn $800,000 next year playing basketball,...

Robert answered on Dec 20 2021
119 Votes
Suppose a student athlete has the opportunity to earn $700,000 next year playing basketball or $0 going to college. What is the opportunity cost of going back to college?
The opportunity cost of going back to college is the income forgone from not being able to play basket ball next year. Hence in...
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here