Transcribed Image Text: Ali is currently working as a human resource manager for a company and earns a good salary. He

Excerpt
moved in. For Ali, when considering whether or not to go for the MBA study, the cost of tuition fees is referred to as: a. Opportunity cost. O b. Sunk cost. Incremental revenue. O C. d. None of the given answers. O e. Incremental cost.

Transcribed Image Text: Ali is currently working as a human resource manager for a company and earns a good salary. He is planning to pursue a Master of
Business Administration (MBA) degree. He recently received an offer from University A, wch included the cost of tuition fees. If Ali
decided to
go
for the MBA study, s company would stop paying s salary. At the same time, if Ali completed s MBA degree, he
would earn a gher salary than s current one. Furthermore, Ali has recently purchased an apartment in the city and moved in. For
Ali, when considering whether or not to go for the MBA study, the cost of tuition fees is referred to as:
a. Opportunity cost.
O b. Sunk cost.
Incremental revenue.
O C.
d. None of the given answers.
O e. Incremental cost.

Need your ASSIGNMENT done? Use our paper writing service to score better and meet your deadline.


Click Here to Make an Order Click Here to Hire a Writer