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AP® Macroeconomics

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Opportunity Cost of Attending College

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John graduated high school and plans to attend college. Tuition costs \$30,000. Instead of going to college, John could work full time earning \$45,000.

Ignoring the implicit costs (lost time, job experience, etc.), what is the opportunity cost if John decides to attend college?

A

$15,000

B

$30,000

C

$75,000

D

$60,000

E

$45,000