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You recently got laid off from your job. Instead of laying around, you are considering taking a course in photography. The tuition is $1,500. Books

You recently got laid off from your job. Instead of laying around, you are considering taking a course in

photography. The tuition is $1,500. Books and supplies for the course will cost you another $300.

a) How much did it "really" cost you to take this course? Explain.

b) What if you were employed and needed to take 40 hours off from work (where you earn $20/hr) in order to

take the class. Would this matter? Would your answer change? WHY or WHY NOT? Explain.

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