just need the answer of question 4th

Chan Applying Economic Concepts 1-1 (p. 6). The Opportunity Cost of Your University Degree The opportunity cost of choosing one thing is that you would have received had vou taken that job what must be given up as the best alternative Computing Suppose your aller-tax) annual earnings would have the opportunity cost of a college or university education been $25 000 per year, for a total of 100 000 if you had is a good example to illustrate which factors are included stayed at that job for four years to the direct expenses in the computation of opportunity cost You may also be of $32 000, we must therefore add SIOD OKO for the surprised to learn how expensive your university degree earnings that you gave up by not taking a job. This brings really is! the true cost of your university degree -- the opportunity cost - up to $132. Notice that the cost of food. Suppose that a bachelor's degree requires four lodging, clothing, and other living expenses did not enter years of study and that each year you spend $6500 for the calculation of the opportunity cost in this example tuition fees - approximately the average at Canadian universities in 2019 - and a further $1500 per year for The living expenses must be incurred in either case - Whether you attend university of get a job books and materials Does this mean that the cost of university education is only $32000? Unfortunately not. If the opportunity cost of a degree is so high the true cost of a university degree to a student is much why do students choose to go to university? May be higher Students simply enjoy learning and are prepared to incur the high cost to be in the university environment or The key point is that the opportunity cost of a maybe they believe that a university degree will university education does not include just the out-of- significantly increase their future earning potential in pocket expenses on tuition and books. You must also take into consideration what you are forced to give up by this case, they are giving up four years of earnings at one salary so that they can invest in building their skills in the choosing to attend university. Of course, if you were not hope of enjoying many more years in the future at a studying you could have done any one of a number of considerably higher salary things, but the relevant one is the one you would have chosen instead your best alternative to attending Whatever the reason for attending college or university university, the recognition that a post-secondary degree is very expensive should convince students to make the Suppose your best alternative to attending best use of their time while they are there university was to get a job. In this case, the opportunity cost of your university degree must include the earnings a Read the article above and answer the following questions What is your opportunity cost in pursuing higher education in Canada? b In vour perspective is Canadian post-secondary education worth your investment? Why or why not? Other than getting a job, name two other possible comparable alternatives to attending university d If tuition this year costs $10,000 and working at an entry level job pays $2.500 each month, then what is the opportunity cost of pursuing this year's education? If the opportunity cost of Canadian post-secondary education is so high, then what are some reasons that international students still choose Canada for their education? 5. Please watch "Supply and Demand Explained in One Minute" by One Minute Economics on YouTube at the following link a In your own words, explain what you think supply and demand is b. Let us consider the market for hand sanitizers. How has the pandemic affected the supply and/or demand of this good in Canada? What do you think will happen to the supply and/or demand for hand sanitizers when a vaccine for the coronavirus is developed and proven to be effective c