suppose a student athlete has the opportunity to earn $800,000 next year playing basketball,...

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suppose a student athlete has the opportunity to earn $800,000 next year playing basketball, $700,000 next year playing basketball or $0 going to college. what is the opportunity cost of going back to college

Robert · Accepted Answer

Suppose a student athlete has the opportunity to earn $700,000 next year playing basketball or $0 going to college. What is the opportunity cost of going back to college?
The opportunity cost of going back to college is the income forgone from not being able to play basket ball next year.

suppose a student athlete has the opportunity to earn $800,000 next year playing basketball, $700,000 next year playing basketball or $0 going to college. what is the opportunity cost of going back to...

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