4. Suppose that your

4. Suppose that your University charges you separately for tuition and for room and board (10 marks). 1. What is a cost of attending University that

4.Suppose that your University charges you separately for tuition and for room and board (10 marks). 1.What is a cost of attending University that is not an opportunity cost? 2.What is an explicit opportunity cost of attending University? 3.What is an implicit opportunity cost of attending University?

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