ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Charles is thinking about his future. He ranks his choices:(1) work as a manager at XYZ Company, (2) work as a professor at ABC University, and (3) undertake a PhD. What is the Mike’s opportunity cost of accepting the managerial position, if getting a PhD is cancelled?
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work as a manager at XYZ Company
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work as a professor at ABC University
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undertake a PhD
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be a marketer at DDD Advertising
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Explanation:
There is 1 question to complete.