Justin graduates from high school in one month. He already has an offer for a full-time job that would pay $25,000 a year. He is also considering going to college for the next four years. Tuition is $8,000 a year. Room and board is $10,000 annually. If he works, he will not be able to make more than $3,000 a year doing part-time and summer work. Opportunity cost involves what is given up. What is the opportunity cost of attending college – explain in words, not mathematically?

$25,000

Explanation:

Opportunity cost is the value of an alternative forgone. If he attends college, he will forgo $25,000 which he would have made if he did not go to college. Hence, the opportunity cost of Justin going to college is $25,000.

answer; i believe that the correct answer is (c) arctic tundra;

after the civil war, and with the termination of slavery, the south was faced with a big problem; what was supposed to happen and how they were supposed to deal with the freedom and the rights that black people and freed slaves had gained as a result of the north defeating the south and forcing the end of slavery. first, most, if not all, of the workforce of the south came from slaves and they did not have an option to replace the loss of said workforce. second, particularly in the south, people were convinced that black people were lesser, less intelligent, less capable and less smart than whites. this posed a huge problem for them. also, southerners were faced with another issue; freed slaves now had a say in how their lives would be lived and the right to politically choose the way they would be governed. people in the south did not want to accept this, none of this and this opposition and the conflicts that arose from it, not to mention the afereffects of the war, forced the congress of the time to enact and enforce the reconstruction plans that had been proposed by president andrew johnson.