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Basic Question 4 of 8
Which of the following is an implicit (opportunity) cost of attending college?
II. Tuition
III. The cost of books
IV. The cost of food
V. The cost of housing
I. The wages that you could have been earning
II. Tuition
III. The cost of books
IV. The cost of food
V. The cost of housing
User Contributed Comments 7
| User | Comment |
|---|---|
| ljamieson | and CFA reg fees!! |
| Farina | ...+ 2hrs a day that could have been spent doing something else... |
| MMattioli | CFA reg fees would be explicit cost....duh... lol |
| haosheng | 3 years of your life energy on CFA exams instead of having fun, family, babies,..... :( |
| GeeMan | not to mention the quality halo time I have given up! |
| GamePlayer | Is it all worth it? |
| choas69 | this question is here to clear the confusion, thank you. |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
determine and interpret break even and shutdown points of production, as well as how economies and diseconomies of scale affect costs under perfect and imperfect competition
CFA® 2024 Level I Curriculum, Volume 1, Module 1.