Question
Suppose you have graduated with a degree in accounting and are offered a job with an accounting firm. But you are also considering joining a
Suppose you have graduated with a degree in accounting and are offered a job with an
accounting firm. But you are also considering joining a R&B band and abandoning your
promising career in accounting. The opportunity cost of aiming at stardom would include all of
the following except
[1] the cost of acquiring a whole new wardrobe made entirely of leather.
[2] the thousands of rands spent on useless tuition payments.
[3] the lucrative salary you could be making as an accountant.
[4] interest on the loan you take out to purchase a million-watt amplifier.
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