Suppose That Your Tuition to Attend College Is $10,000 Per

question 193

Multiple Choice

Suppose that your tuition to attend college is $10,000 per year and you spend $4,000 per year on room and board. If you were working full time instead of attending college, you could earn $20,000 per year. What is your opportunity cost of attending college for one year?

• A) $30,000
• B) $34,000
• C) $24,000
• D) $14,000

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Definitions:

Staphylococci

A genus of gram-positive bacteria, known for forming clusters like grapes, some species of which can cause a range of infections.

Pneumonia

An infection that inflames the air sacs in one or both lungs, which can fill with fluid or pus.

Abscesses

Localized collections of pus that may occur in any tissues of the body due to infection.

Food Poisoning

Illness caused by consuming contaminated, spoiled, or toxic food, characterized by symptoms such as vomiting, diarrhea, and abdominal pain.