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As a college student, you live with your favorite aunt and uncle, who charge you no rent. However, you do face the following costs each
As a college student, you live with your favorite aunt and uncle, who charge you no rent. However, you do face the following costs each semester. Your school fees are Php 2,000; your books and supplies Php 5,000; your food Php 3,000; and your entertainment expenses Php 1,500. If you were to work full time, you could earn Php 15,000 in salary over a semester. a) What is the accounting cost of a semester of college? b) What is the opportunity cost of a semester of college? c) Based on the information in questions a and b, for what reasons would you attend college
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