3. Gabbar won a free ride to four years of college. During these four
years Gabbar could also do any number of things, including:
1. Travel the world.
II. Work to gather savings and career experience.
III. Become an expert oboist.
Which of the following is the opportunity cost of Gabbar
attending college?
Zero.
b. ll only.
C. The sum of I, II, III, and any other opportunities he passed up.
d. Whichever of I, II, III or any other opportunities he passed up is
most valuable to his.
a.
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