Jessica Wilde works for a leading consulting company. She wishes to leave her job and pursue a

Question:

Jessica Wilde works for a leading consulting company. She wishes to leave her job and pursue a full-time MBA program. What is Jessica's opportunity cost of joining an MBA program?

Opportunity Cost
Opportunity cost is the profit lost when one alternative is selected over another. The Opportunity Cost refers to the expected returns from the second best alternative use of resources that are foregone due to the scarcity of resources such as land,...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managerial accounting

ISBN: 978-0471467854

1st edition

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

Question Posted: