Ask Question
29 December, 06:01

Andrew quits his job as an accountant where he earns $60,000 per year to go back to school for two years to get an mba degree. he attends a school that charges $25,000 per year for tuition and related expenses. how much is the total cost (explicit cost plus opportunity cost) of that degree?

+2
Answers (1)
  1. 29 December, 06:05
    0
    Andrew is giving up $120,000.00 by quitting his job for 2 years and the cost for the degree is 25,000 per year so its costing him $170,000.00 for the degree.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Andrew quits his job as an accountant where he earns $60,000 per year to go back to school for two years to get an mba degree. he attends a ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers