The college tuition is $15,000 a year. Instead of going to college, Ron could take a full time job that pays $20,000. His health and retirement benefits are $5,000 and $8000 for a year respectively. If Ron decides to go to college, what is his opportunity cost of attending college for one year

the opportunity cost of attending college for one year is $33,000

Explanation:

The computation of the opportunity cost is shown below:

= Full time job + health and retirement benefits

= $20,000 + $5,000 + $8,000

= $33,000

hence, the opportunity cost of attending college for one year is $33,000

We simply added the above 3 items so that the correct value could come

And ignored the college tuition fees

i would say a penny hope it you

answer; /// multipotentialite means a person who have many different interests and creative pursuits in life; (one true calling);

polymath; means a person   of wide-ranging knowledge or learning;

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