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All is considering the decision of whether or not to go and study a Master degree. He is currently working as an accountant in XYZ

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All is considering the decision of whether or not to go and study a Master degree. He is currently working as an accountant in XYZ Company. He is thinking of getting a Master Degree. If he decided to study the Master Degree. he would expect to earn higher salary than his current one. On the other hand, the study of the Master Degree would force him to take unpaid leave from his current job. Furthermore, All recently purchased a new car. For Ali, the cost of the car is referred to as a Opportunity Revenue o b. Opportunity cost c. Differential cost d. Sunk cost e. Differential revenue

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