college students sometimes work as summer interns for private firms or the government. many of these positions pay little or nothing. a. what is the opportunity cost of taking such a job? b. explain why students are willing to take these jobs. c. if you were to compare the earnings later in life of workers who had worked as interns and those who had taken summer jobs that paid more, what would you expect to find?

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06-12-2022
Business

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college students sometimes work as summer interns for private firms or the government. many of these positions pay little or nothing. a. what is the opportunity cost of taking such a job? b. explain why students are willing to take these jobs. c. if you were to compare the earnings later in life of workers who had worked as interns and those who had taken summer jobs that paid more, what would you expect to find?

Sagot :

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AmishaSrivastava AmishaSrivastava · Answer 1 · 2022-12-13T10:55:57-05:00

The opportunity cost of taking such a job is what the student would have earned in a regular job otherwise. Students may well be willing to take such a job if they acquire valuable skills that increase their productivity or if they can signal to employers that they are good employees.

What is opportunity ?

A business opportunity is an opportunity to take advantage of market events to start a business.
It is a kind of favorable condition that exists in the market.
Depending on the business opportunity, some businesses will succeed and others will fail.
The opportunity section of your business plan is about the products and services you create.
The aim is to explain why your company is exciting and what problems you solve for people. chance.
SWOT opportunities arise from existing strengths and weaknesses, as well as external initiatives that enhance competitiveness.
These could be weaknesses you want to improve, or areas that were not identified in his first two phases of analysis.

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Sagot :

What is opportunity ?

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