Business

Economics

1. In your decision to pursue an MBA degree, which of the following can be considered opportunity cost(s)? a. The cost of books.

Microeconomics: Principles & Policy

14th Edition

ISBN:9781337794992

Author:William J. Baumol, Alan S. Blinder, John L. Solow

Publisher:William J. Baumol, Alan S. Blinder, John L. Solow

Chapter3: The Fundamental Economic Problem: Scarcity And Choice

Section: Chapter Questions

Problem 3DQ

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1. In your decision to pursue an MBA degree, which of the following can be considered opportunity cost(s)?

a. The cost of books.

b. The tuition fees.

c. Time that became unavailable for other activities.

d. All of the above.

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