3 You plan to upgrade your computer skills by taking a three-month training course. If you do,...

Question:

3 You plan to upgrade your computer skills by taking a three-month training course. If you do, you won't be able to take your usual job that pays $6,000 for the three months and you won't be able to live at home for free. The cost of your tuition will be $2,000, equipment $200, and living costs $1,400. What is the opportunity cost of your training course?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Economics

ISBN: 9781503632943

5th Edition

Authors: Douglas McTaggart, McTaggart Findlay & Parkin, Christopher Findlay, Michael Parkin

Question Posted: