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Prior to attending college, Malik mis offered a lucrative four-year contract as an actor on a daytime soap opera. Assuming that acting and attending college are Malik's preferred alternatives and that he must choose between these two options, his opportunity cost of attending college after receiving the offer on the soap opera making him likely to attend college than before he received the offer. increases; more increases; less decreases; more stays the same; equally likely 

          Prior to attending college, Malik mis offered a lucrative four-year contract as an actor on a daytime soap opera. Assuming that acting and attending college are Malik's preferred alternatives and that he must choose between these two options, his opportunity cost of attending college after receiving the offer on the soap opera making him likely to attend college than before he received the offer.
increases; more
increases; less
decreases; more
stays the same; equally likely
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Prior to attending college, Malik mis offered a lucrative four-year contract as an actor on a daytime soap opera. Assuming that acting and attending college are Malik's preferred alternatives and that he must choose between these two options, his opportunity cost of attending college after receiving the offer on the soap opera making him likely to attend college than before he received the offer. increases; more increases; less decreases; more stays the same; equally likely

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Principles of Economics
Principles of Economics
Gregory Mankiw 8th Edition
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Prior to attending college, Malik was offered a lucrative four-year contract as an actor on a daytime soap opera. Assuming that acting and attending college are Malik's preferred alternatives and that he must choose between these two options, his opportunity cost of attending college after receiving the offer on the soap opera making him more likely to attend college than before he received the offer.
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Transcript

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00:01 After graduating from high school, maria chooses to go to college, while omar chooses to work full -time.
00:07 Which of the following best describes the opportunity cost for these decisions? a, maria's opportunity cost includes the salary she could have earned if she'd gone to work.
00:18 B, maria's opportunity cost is her living expenses while attending college.
00:23 C, omar's opportunity cost is the salary he will earn from working.
00:27 D, omar's opportunity cost is the tuition and expenses he would have paid.
00:31 For college.
00:33 E, omar's opportunity cost is definitely greater than maria's.
00:38 Opportunity cost is the loss of potential gain from other alternatives when one alternative is chosen.
01:16 In other words, it's the idea of what we had to give up because we made the choice we made.
01:23 So it talks about the other alternatives.
01:26 Therefore, our opportunity costs cannot talk about the choice we made, which means it cannot be b because this addresses maria's living expenses while attending college.
01:37 She chose to attend college, so that's not the opportunity cost.
01:42 We can't choose c because it's talking about omar's salary while he works, and that's the choice he made.
01:49 It can't be the choice we made.
01:51 It's got to be those other alternatives that we're talking about...
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