The Northville School Board has proposed this budget for the upcoming school year:
.20% for school staff's salaries
•
50% for school maintenance and upkeep
10% to refurbish the gymnasium
5% to upgrade the computer lab hardware
10% for new instruments for the music department
.5% for new sports equipment
After a brief discussion, the school board revised the budget as follows:
.20% for school staff's salaries
•
50% for school maintenance and upkeep
10% to refurbish the gymnasium
10% to upgrade the computer lab hardware
.5% for new instruments for the music department
.
5% for new sports equipment
In this case, the opportunity cost for
C
was