1. Sydney currently lives with her parents rent-free and earns $1,500/month at a job. If she goes...
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1. Sydney currently lives with her parents rent-free and earns $1,500/month at a job. If she goes to university, she would pay $1,600 in tuition, textbook and student fees for the semester and $800/month in for living in residence. She would also work fewer hours and earn only $700/month. What is Sydney's opportunity cost of going to university for one semester, which is four months long?
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