Your opportunity cost for going to school is, suppose you can get 800 yuan per month by working, but you go to school instead of working, then the oppotunity cost for going to school is 800 yuan.如果你来上学,那你就不能出去打工了,假定你打工每月收入800元,那你来上学的机会成本...
To use a simple example, the opportunity cost of a person eating chicken for dinner might be his choice of having steak. The opportunity cost of college, for instance, consists of both monetary and time-related costs--- the money the student could be making if he doesn’t go to school,...
The opportunity cost of building an additional parking lot at your school is ( )A. the cost of concrete, labor, etc. used to B. uild the lot. C. the value of the property and resources used at their next best alternative use. D. the value of the property and resources used at ...
Opportunity cost is an important economic concept that finds application in a wide range of business decisions. Opportunity costs are often overlooked in decision making. For example, to define the costs of a college education, a student would probably include such costs as tuition, housing, and ...
What is the option, benefit and opportunity cost of going to college? What is the opportunity cost of a PhD? What would be the opportunity cost of going to school for $400 when you're next best options are working for $100 or doing nothing at all? What is the opp...
What would be the opportunity cost of going to school for $400 when you're next best options are working for $100 or doing nothing at all? What is the time value of money? a. Market cost b. Opportunity cost c. Total cost d. Benefit cost The opportunit...
This study explores the role of opportunity cost in the decision to attend college and its implications for the gap in enrollment between women and men. I provide new causal evidence that enrollment goes up in response to negative local labor demand shocks and down in response to positive ones...
Define opportunity shop. opportunity shop synonyms, opportunity shop pronunciation, opportunity shop translation, English dictionary definition of opportunity shop. n Austral and NZ a shop selling second-hand goods for charitable funds. Also called: op-s
Opportunity cost is often used by investors to compare investments, but the concept can be applied to many different scenarios. If your friend chooses to quit work for a whole year to go back to school, for example, the opportunity cost of this decision is the year’s worth of lost wages...
The opportunity cost of building an additional parking lot at your school is ( ) A. the cost of concrete, labor, etc. used to build the lot. B. the value of the property and resources used at their next best alternative use. C. the value of the property and resources used at ...