You are currently working a 40-hour workweek for $15 an hour. The only accounting course you are able to enroll in will require that you reduce your workweek to 35 hours. The accounting course and materials will cost $450. Transportation to and from college will cost $10 per week for 12 weeks. What is your opportunity cost if you decide to enroll in the accounting course?

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The opportunity cost is the value of the next best alternative forgone when a dec... View the full answer