You wish to take an Excel course. You may enroll at one within your school or you may take a community class at the local library. You've gathered the following information to aid in your decision-making process.
Costs/Benefits College Course Community Course
Cost $3,500 $1,250
Distance to course 0.40 miles (walking 14 miles
distance) (driving distance)
Timing of course Weekday Weekend
Number of meetings 16 8
Qualitative considerations Convenience, quality Flexibility,
of instruction brief duration
If you enroll in the community class, you will be unable to work at your regular job on weekends for the eight weekend days when the class meets. If you typically earn $550 per weekend shift, which option would you choose (considering enrollment cost and opportunity cost)?
a) Community course.
b) College course.
c) Neither alternative.
d) Both alternatives.