Mathematics

Hudson Orozco

23 March, 19:20

Josephina is facing a decision similar to Frank's. If she goes to college, she will spend $21,000 on tuition, $1,600 on books, and $ 7,200 on room and board. If she does not go to college, she will earn $16,000 working in a store and spend $12,000 on room and board. What is Josephina's opportunity cost of going to college?

a. $33,800

b. $42,600

c. $49,800

d. $57,000

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