total hours hourstudying GPA hours working Income 60 60 4.0 0 0 60 40 3.0 20 $10

Question

total hours hourstudying          GPA     hours working  Income 60                  60                        4.0            0                     0 60                    40                        3.0          20                  $100 60                     30                        2.0         30                  $150 60                     10                        1.0          50                  $250 60                        0                        0.0         60                   $300 A. Calculate the opportunity cost of an increase in the numberof hours spent studying in order to earn a 3.0 grade poingaverage(GPA) rather than a 2.0 GPA. B. Is the opportunity cost the same for a move from a 0.0 to a1.0 GPA as it is from a 1.0 GPA to a 2.0 GPA? C. what is the opportunity cost of an increase in income from$100 to $150? total hours hourstudying          GPA     hours working  Income 60                  60                        4.0            0                     0 60                    40                        3.0          20                  $100 60                     30                        2.0         30                  $150 60                     10                        1.0          50                  $250 60                        0                        0.0         60                   $300 A. Calculate the opportunity cost of an increase in the numberof hours spent studying in order to earn a 3.0 grade poingaverage(GPA) rather than a 2.0 GPA. B. Is the opportunity cost the same for a move from a 0.0 to a1.0 GPA as it is from a 1.0 GPA to a 2.0 GPA? C. what is the opportunity cost of an increase in income from$100 to $150?

Explanation / Answer

thanks i was pretty close but i wasn't sure

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.