You are planning to attend college next year. The total cost of tuition and textbooks is $10,000. If you go to school, your room and board will cost you $5,000. If you did not go to school, however, you would live at home, and your total room and board would only be $1,000. Additionally, if you did not go to college, you would work a job making $20,000 for the year.
1. In terms of room and board alone, what would be opportunity cost of attending college. Be sure to explain your answer
2. What are the explicit costs of attending school? How much should be included for room and board?
3. What would be the implicit cost of attending college next year?
4. What would be the total opportunity cost of attending college next year?

Answers

Answer 1

Opportunity Cost of attending college, in terms of room and board is $4000 . Explicit Cost, Implicit Cost of attending college is $14000, $20000. Total Opportunity Cost of attending college is $34000

1. Opportunity Cost is the cost of next best alternate foregone, as in value of sacrifice made, while choosing an alternative.

Money foregone to attend college, in room & board = room & board cost with college - room & board cost without college = 5000 - 1000 = 4000

2. Explicit Cost is the actual out of pocket cash expenses outflow, done for choosing an option. Eg : Cash expenditures

In this case, cash expenses for attending college = 14000

3. Implicit Cost is the implied estimated cost of self supplied factors of production, like value of self labour & self owned land etc.

In this case : Value of self labour, sacrificed for attending college, ie the salary which could have earned by doing job meanwhile = 20000

4. Total opportunity cost of attending college = Explicit Cost + Implicit Cost = 14000 + 20000 = 34000

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Related Questions

Write an explicit formula for the sequence.
-4,7,-10,13,-16

Answers

Step-by-step explanation:

Sequence is

4

,

7

,

10

,

13

,

16

,

.

.

.

a

1

=

4

,

a

2

=

7

,

a

3

=

10

,

.

.

.

If it is Arithmetic sequence,

a

2

a

1

=

a

3

a

2

=

a

4

a

3

& so on

In the given sum,

a

2

a

1

=

7

4

=

3

a

3

a

2

=

10

7

=

3

a

4

a

3

=

13

10

=

3

Since the difference between the successive terms is same and

hence

common difference

d

=

3

explain develop spirit of hard work​

Answers

developing spirit of hard work means to understand the definition and beliefs of hard work, as it teaches us discipline, dedication, and determination. Ways to motivate yourself to work harder is to breakup your tasks into smaller tasks so you can see where your obstacles are, and you can be prepared to overcome them. Also by staying focused, positive, and reminding yourself why you are doing the work in the first place.

Hope that helps :)

In the figure alongside, show that angle(a+b+c+d) = 4 right angles​

Answers

Answer:

Proved

Step-by-step explanation:

a=180-x

c=a= 180-x

d=180-a = 180-(180-x) =x

b=d=x

adding every angle;

a+b+c+d= 180-x + x + 180-x + x

a+b+c+d = 180+180 = 360

a+b+c+d = 4 *90

The sum of the interior of the quadilateral is equal to 4 right angles.

The point where two lines meet is known as an angle

The given figure is a quadrilateral.

For the quadrilateral

The sum of opposite angles is 180degreesThe sum of all the interior angles is 360degrees

According to the theorem;

a  + c = 180 ...... 1

b + d = 180 ...... 2

Add both equations

a + b + c + d = 180 + 180

a + b + c + d = 360

Note that 1 right angle = 90degrees

4 right angles = 4(90) = 360 degrees

Therefore a + b + c + d = 4 right angles (Proved)

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NO LINKS OR ANSWERING QUESTIONS YOU DON'T KNOW!!!

Find the 5th term for the following recursive formulas/sequences. SHOW YOUR WORK!!

c. 1/6, 2/3, 8/3, . . .

Answers

Answer:

128/3

Step-by-step explanation:

The sequence follow the rule (1/6)*(4)^(n-1). The 5th term will be (1/6)*(4)^4=128/3

Answer:

128/3

Step-by-step explanation:

1/6, 2/3, 8/3, . . .

1/6, 4/6, 16/6

We are multiplying by 4 each time

1/6 *4 = 4/6

4/6 * 4 = 16/6

This is a geometric sequence with the common ratio of 4

an = a1 (r)^(n-1)

an = 1/6 (4) ^(n-1)

Let n = 5

a5 = 1/6 (4)^(5-1)

a5 = 1/6 (4)^4

a5 = 1/6 * 256

a5 =128/3

Write six hundred twelve thousand, three hundred in the place-value chart. Then write the number in expanded

Answers

Answer:

612,300

600,000

10,000

2,000

300

00

0

f(x) = 2x3 + 7x2 – 4x – 5
g(x) = 3x – 2
Find (f - g)(x).
A. (f - g)(x) = 2x3 + 7x2 – 2 – 3
O B. (f – g)(x) = 2x3 + 7x2 – 2 – 7
O C. (f - g)(x) = 2x3 + 7m2 – 72 – 3
O D. (f - g)(x) = 2x3 + 7x2 – 73 – 7

Answers

Answer:

A. 6

B. 2

C. 8

D. 3

all the answers to the previous questions

D.) = 3

The value of the function (f -g)(x) will be 2x^3 + 7x^2 - 7x - 3

What is a function?

Function is a type of relation, or rule, that maps one input to specific single output.

In mathematics, a function is an expression, rule, or law that describes the relationship between one variable, Linear function is a function whose graph is a straight line

We are given that the function as;

[tex]f(x) = 2x^3 + 7x^2 - 4x - 5[/tex]

[tex]g(x) = 3x - 2[/tex]

We need to find the function as (f - g)(x)

(f -g)(x) = f(x) -g(x)

(f -g)(x) = 2x^3 + 7x^2 - 4x - 5 - 3x + 2

(f -g)(x) = 2x^3 + 7x^2 - 7x - 3

Therefore, the correct option is C 2x^3 + 7x^2 - 7x - 3

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(2+1/2) (2^2-1+1/4) find the expression in the form of cubes and differences of two terms.​

Answers

Answer:

Consider the following identity:

a³ - b³ = (a + b)(a² - ab + b²)

Let a = 2, b = 1/2

(2 + 1/2)(2² - 2*1/2 + 1/2²) = 2³ - (1/2)³ =8 - 1/8

Use the algebraic identity given below

[tex]\boxed{\sf a^3-b^3=(a+b)(a^2-ab+b^2)}[/tex]

[tex]\\ \sf\longmapsto (2+\dfrac{1}{2})(2^2-1+\dfrac{1}{4})[/tex]

[tex]\\ \sf\longmapsto (2+\dfrac{1}{2})(2^2-2\times \dfrac{1}{2}+\dfrac{1}{2}^2)[/tex]

Here a =2 and b=1/2

[tex]\\ \sf\longmapsto 2^3-\dfrac{1}{2}^3[/tex]

[tex]\\ \sf\longmapsto 8-\dfrac{1}{8}[/tex]

this question confuses me so much helpppppp

Answers

Answer:

-11°C or 1°C

Step-by-step explanation:

The question said that, by the noon, the temperature changes by 6°C, but it doesn't tell you if it changes for a hotter or colder temperature, so its possible the temperature at the noon to be:

-5 -6 = -11°C

or

-5 +6 = 1°C

To graph the possible temperatures, you have to draw a dot at the numbers -11 and 1

A ball is thrown vertically upward from the ground. Its distance in feet from the ground in t seconds is s(t)=224t−16t. After how many seconds will the ball be 720 feet from the​ ground?

Answers

Answer:

s= 16t^2+128t, answer.......

Which Expression is equivalent to 3(x + 6)
18x
3x + 2
3x + 18​

Answers

Answer:

3x+18

Step-by-step explanation:

since 3 is outside the bracket you need to multiply 3 by both x and 6. so 3 multiply x is 3x and 3 multiply 6 is 18, hence 3x+18

Write true or false.
(I) Two intersecting lines can also be parallel.
(ii) Unlimited number of lines can be drawn through a point.
(iii) through two distinct points we can draw only one straight line.

Answers

(i) False. If two lines are parallel, then they never intersect.

(ii) True. We can draw infinitely many different lines through a single point. We can think of rotating a line around a single point to form a circular fan of lines.

(iii) True. Any line is defined uniquely by two distinct points.

please help me i have a couple mins

Answers

Answer:

x + 3

Step-by-step explanation:

Because he bought an unknown number of soccer balls that is where we use the variable, x. And we know that he bought 3 baseballs, and we add them both to get the total number of things bought. Hope this helped and you could give brainliest :)

9) Given a circle with radius = 6 meters, a central angle of 77 degrees will intercept an arc of what length?

Please show all work

Answers

Hey there!

If our central angle is 77, our arc on the outside that it intercepts is going to be 77/360 of the total circumference of the arc. This is because a full circle angle is 360 degrees, so if our central angle was 360, we would just find the circumference of the circle as the arc would be the entire circle.

In our case, we will just find the circumference and then multiply it by 77/360 to find our arc length as we are just looking for a fraction of our total circle.

Circumference is 2πr, so we have 2π(6)≈37.68

Now we multiply this by 77/360.

37.68×77/360≈ 8.06

So now, if you have a radius r and a central angle x, you can use the formula x/360 ×2πr to find the arc length.

Have a wonderful day! :D

Drag each tile to the correct box.
Match each expression with its greatest common factor.

Answers

Answer:

Step-by-step explanation:

Bond A is zero-coupon bond paying $100 one year from now. Bond B is a zero-coupon bond paying $100 two years from now. Bond C is a 10% coupon bond that pays $10 one year from now and $10 plus the $100 principal two years from now. The yield to maturity on bond A is 10%, and the price of bond B is $84.18. Assuming annual compounding, what is the price of Bond A?

Answers

Answer:

c

Step-by-step explanation:

Find the missing side length. Leave your answers radical in simplest form. PLEASE HURRY

Answers

Answer:

the answer for y is 9 and x is 9✔2( the check is square root symbol)

What are m and b in the linear equation, using the common meanings of m and b? 2 + 3x + 5 - 2x = y

Answers

y=mx+b is the general formula of linear equation

y=-2x+5+3x+2

y=1x+7

m=1

b=7

Linear equation given in the question is,

2 + 3x + 5 - 2x = y

To simplify this equation further,

Add like terms of the equation,

        (2 + 5) + (3x - 2x) = y

         7 + x = y

Now compare this linear equation with the slope-intercept form of the linear equation,

y = mx + b

Here, m = slope of the line'

b = y-intercept

By comparing the equations,

m = 1

b = 7

Learn more,

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look at the image below plz correct answers Surface area of cones 15 points

Answers

Answer:

[tex]A\approx 282.7\ m^2[/tex]

Step-by-step explanation:

1. Approach

The easiest method to solve this problem is to use the Pythagorean theorem to find the height of the cone. Then one can substitute the values given and found on the cone into the formula to find the surface area in order to solve for the surface area of the given cone.

2. Height of the cone

Imagine drawing a line from the tip of the cone down to the center of the base. This line will form a right angle with the base, thus, a right triangle is formed between the line, the radius (the distance from the center to the circumference or outer edge on a circle) of the base, and the incline of the cone. The Pythagorean theorem is a formula that relates the sides of a right triangle. This formula is as follows:

[tex]a^2+b^2=c^2[/tex]

Where (a) and (b) are the legs or the sides adjacent to the right angle of the right triangle, and (c) is the hypotenuse or the side opposite the right angle of the right triangle. Substitute the given values into the formula and solve for the unknown, or rather the height of the cone:

[tex]a^2+b^2=c^2[/tex]

[tex]a^2+5^2=13^2[/tex]

Simplify,

[tex]a^2+5^2=13^2[/tex]

[tex]a^2+25=169[/tex]

Inverse operations,

[tex]a^2+25=169[/tex]

[tex]a^2=144[/tex]

[tex]a=12[/tex]

[tex]h=12[/tex]

3. Find the surface area of the cone.

The following formula can be used to find the surface area of a cone:

[tex]A=\pi r(r+\sqrt{h^2+r^2})[/tex]

Where ([tex]\pi[/tex]) represents the numerical value (3.1415...), (r) represents the radius of the base, and (h) represents the height of the cone. Substitute the given values into the formula and solve for the surface area:

[tex]A=\pi r(r+\sqrt{h^2+r^2})[/tex]

[tex]A=\pi 5(5+\sqrt{12^2+5^2})[/tex]

Simplify,

[tex]A=\pi 5(5+\sqrt{12^2+5^2})[/tex]

[tex]A=\pi 5(5+\sqrt{144+25})[/tex]

[tex]A=\pi 5(5+\sqrt{169})[/tex]

[tex]A=\pi 5(5+13)[/tex]

[tex]A=\pi 5(18)[/tex]

[tex]A=\pi 90[/tex]

[tex]A\approx 282.743[/tex]

Show all work to solve the equation for x. If a solution is extraneous, be sure to identify it in your final answer.

Square root x + 6 - 4 = x

Answers

Answer:

-2,  (-5 is extraneous)

Step-by-step explanation:

assuming √(x+6) -4 =x

√(x+6) = x+4

square both side

x+6 = (x+4)^2

x+6 = x^2+8x+16

x^2+7x+10=0

(x+2)(x+5) = 0

x = -2, -5

put -5 back into org equation and it is not true

√(-5+6) -4 ≠ -5

Put the steps for deriving the formula for the arc length of a circle in the correct
order.

Answers

Just look it up that’s what I do

you start at (5,3) you move down 4 units and up 6 units. where do you end?

Answers

You end up at the point (5, 5).

A circular pizza has a diameter of 12 inches and is cut into 10 congruent slices. What is the area of each slice, to the nearest tenth?
Group of answer choices

14.4 straight pi inches squared

3.6 straight pi inches squared

2.4 straight pi inches squared

12.4 straight pi inches squared

Answers

Diameter=12inradius=r=12/2=6in

[tex]\\ \sf\longmapsto Area=2\pi r[/tex]

[tex]\\ \sf\longmapsto Area=2(3.14)\times 6[/tex]

[tex]\\ \sf\longmapsto Area=2(18.84)[/tex]

[tex]\\ \sf\longmapsto Area=37.68in^2[/tex]

Now area of each slice

[tex]\\ \sf\longmapsto \dfrac{37.68}{12}[/tex]

[tex]\\ \sf\longmapsto 3.6in^2[/tex]

The area of each slice of the pizza will be 3.6π square inches. The correct option is B.

What is the area of the sector?

The circle is defined as the locus of the point traces around a fixed point called the center and is equidistant from the out trace.

It is given that a circular pizza has a diameter of 12 inches and is cut into 10 congruent slices.

Let r is the radius of the sector and θ be the angle subtends by the sector at the center. Then the area of the sector of the circle will be

Area = (θ/2π) πr²

angle = 2π/10

The area will be calculated as below:-

Area =  (2π/10)/2π) πr²

Area =  ( π x 6 x 6 ) / 10

Area = 3.6π square inches

Therefore, the area of each slice of the pizza will be 3.6π square inches. The correct option is B.

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ACD = 30, Line segment AC = x + 1, Line segment CD = 2x + 2. What is x equal to? x =

Answers

Answer:

AC+ CD = ACD

X+1 + 2X + 2 = 30

3X+3 =30

3X=30–3

3X=27

X= 27/ 3

X= 9

I'm not sure of the solution, but I solved it according to a straight line (Line segment) .

I hope I helped you^_^

A boat can travel 21 miles on 7 gallons of gasoline. How far can it travel on 17 gallons?

Answers

Answer:

51 miles

Step-by-step explanation:

Boat with 7 gallons of gas = 21 miles

Boat with 1 gallon of gas = 21/7 = 3 miles

Boat with 17 gallons of gas = 17 x 3 = 51 miles

Answer:

51 miles

Step-by-step explanation:

1 gallon = 3 miles

17 gallons = ? miles

17 * 3 = 51 miles

Does the point (7,34) satisfy the equation y = 2x + 8

Answers

Answer:

no

Step-by-step explanation:

Substitute the point into the equation and see if it is true

34 = 2(7) +8

34 = 14+8

34 = 22

Since this is not true, the point does not satisfy the equation

Answer:

No

Step-by-step explanation:

because 7 is X and 34 is Y

So its 2 *7 +8=22

so no

Rectangle TUVW is dilated by a scale factor of 3
3 to form rectangle T'U'V'W'. Side U'V' measures 93
93. What is the measure of side UV?

Answers

Answer:

31

Step-by-step explanation:

93/3=31

So UV is equal to 31

Answer:

31

Step-by-step explanation:

. Find the domain and range of y=(3-x)2

-8.​

Answers

Domain : ( – ∞ ,  ∞ ) , {x/x ∈ R }

Range : [ 0 ,  ∞ ) , { y/y ⩾ 0 }

I hope I helped you^_^

3C - 2/7 -5c-8/4=1/14​

Answers

This is my answer for high school students

you decide to go to technical school for 2 years to get a degreee in computer networking. it takes you 8 quarters to complete the program abd it costs $830 per quarter for tuition in addition to books for the programs that cost 1800 how much will is cost you to get your degree
whats the answer ​

Answers

9514 1404 393

Answer:

  $8440

Step-by-step explanation:

8 quarters at $830 per quarter is 8×$830 = $6640.

When the cost of books is added, the total is ...

  $6640 +1800 = $8440

Execute the following 18/3+2*8-5.

Answers

I got 17 as my answer
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