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Ten Principles of Economics (Mobile-Enabled) Graded Assignment | Read Chapter 1 | Back to Assignment Due Sunday 01.20.19 at 12:45 AM Attempts: Average: /1 1. Understanding opportunity cost started applying for college, a job recruiter offered you a full-time cashier position at a department store, earning an after-tax salary of you, including $24,000 per year. However, you turn down this offer and attend your first year of college. The additional tuition, supplies, and additional housing expenses, is $38,000. You decide to go to college, probably because Grade It Now Save & Continue Continue without saving Copyright NoticesTerms of UsePrivacy Notice Security Notice Accessibility
Due Sunday 01.20.19 at 12:45 AM Attempts: Average: /1 you value a year of college at more than $62,000 1. Understanding opportunity cost Before you started applying for college, a job 24,000 per year. However, you turn down th you value a year of college at $24,000 department store, earning an after-tax salary of you value a year of college less than $38,000 itional monetary cost of college to you, including tuition, supplies, and additional housing exper you value a year of college at $38,000 You decide to go to college, probably because Grade It Now
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A) you value a year of college at more than $62000, because when you attend the college to get higher education your value will go higher and higher and fore sure it's more than $24000. Your value in the future will depend on your level of education and skills as much as you gain degree and skills your value will go high. Therefore, you value a year more than $62000 to attend the college.

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