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What are the opportunity costs associated with your enrollment in a college class? 75 words +

What are the opportunity costs associated with your enrollment in a college class? 75 words +

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Answer #1

An opportunity cost of an activity is the foregone economic benefits of it.

If you do not go college then what can you do best of it the opportunity cost because there may be many possible options the best economic option is your opportunity cost.

The opportunity cost =your salary + interest on the fees you paid +interest on the money you spend on goods and rent. +traveling expenses

The money can be invested, and you may have earned interest.

The rent you not needed to pay when you at your home.

Some expenses may be the same in both options then that will be not considered.

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