Suppose After Graduating from College You Get a Job Working

question 29

Multiple Choice

Suppose after graduating from college you get a job working at a bank earning $30,000 per year.After two years of working at the bank earning the same salary,you have an opportunity to enroll in a one-year graduate program that would require you to quit your job at the bank.Which of the following should not be included in a calculation of your opportunity cost?

• A)the cost of tuition and books to attend the graduate program
• B)the $30,000 salary that you could have earned if you retained your job at the bank
• C)the $45,000 salary that you will be able to earn after having completed your graduate program
• D)the value of insurance coverage and other employee benefits you would have received if you retained your job at the bank