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Q3) Frank decides to go to college. If he goes to college, he will spend $21,000 on tuition, $11,000 on room and board, and $1,800

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Q3) Frank decides to go to college. If he goes to college, he will spend $21,000 on tuition, $11,000 on room and board, and $1,800 on books. If he does not go to college, he will earn $16,000 working in a store and spend $7,200 on room and board. How much is the opportunity cost of going to college for Frank? (2)

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