Consider the following costs that a student incurs by

Question

attending a public university for one semester: $3,000
for tuition, $1,000 for room and board, $500 for
books and $3,000 in after-tax wages lost that the student
could have earned working. What is the total opportunity
cost that the student incurs by attending college
for one semester?

Answer 1

Your text is yellowing.

Here are current numbers for the University of Texas (Hook'em)

Tuition: $5107 per semester
Room and meals: $5282 per semester
Books, etc.: $450-500 per semester

Answer 2

In order to prvide the best education, the legislature voted to increase college tution for all state colleges; Assume college tution was 1,250 does this act as a price ceiling?

Answer 3

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