Bill Bonecrusher Graduates from College with a Choice of Playing

question 346

Multiple Choice

Bill Bonecrusher graduates from college with a choice of playing professional football at $2 million a year or coaching for $50,000 a year. He decides to play football, but eight years later, though he could continue to play football at $2 million a year, he quits football to make movies for $3 million a year. His opportunity cost of playing football at graduation was ________ and eight years later the opportunity cost of making movies was ________.

• A) $50,000; $2 million
• B) $2 million; $2 million
• C) $2 million; $3 million
• D) $50,000; $50,000

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