Elina Is Contemplating Doing a Degree

question 4

Multiple Choice

Elina is contemplating doing a degree.If she does she will incur university fees of $20,000 in her first year and have to spend $5,000 on textbooks and university supplies, expenses that she would not have otherwise incurred.To come to university Elina will also have to give up her job in a local brewery from which she earns $35,000 a year.What is the opportunity cost of Elina attending university for a year?

• A)$40,000
• B)$35,000
• C)$5,000
• D)$25,000
• E)$60,000

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The state of being calm, tranquil, and free from conflict or disturbance.

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Traditionals, often referred to as Traditionalists, are individuals or groups that adhere strictly to established practices and resist change.

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