Tiger woods dropped out of stanford university to pursue a career as a professional golfer. at the time he left the university, he was majoring in finance and would have been employable as a stock broker or financial analyst earning $150,000/year. when he turned pro, he immediately signed an endorsement contract with nike for $20 million. a. what was tiger’s opportunity cost for becoming a professional golfer

The opportunity cost is $150,000/year.

Explanation:

Tiger Woods dropped out of Stanford University to pursue a career as a professional golfer.  

At the time he left the university, he was majoring in finance and would have been employable as a stockbroker or financial analyst earning $150,000/year.  

When he turned pro, he immediately signed an endorsement contract with Nike for $20 million.

The opportunity cost of a decision is the value of the second-best alternative that has been sacrificed in order to take up the decision.  

Every economic decision involves some opportunity cost because of the scarcity of resources. In the given example, time is a scarce resource.  

The opportunity cost of becoming a professional golfer is the $150,000/year that he could have earned if he majored in finance.

i'm pretty sure the answer is 60.

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.