For which of the following individuals would the opportunity cost of going to college be highest?
A) a promising young mathematician who will command a high salary once she earns her college degree
B) a student with average grades who has never held a job
C) a famous,highly-paid actor who wants to take time away from show business to finish college and earn a degree
D) a student who is the best player on his college basketball team,but who lacks the skills necessary to play professional basketball
Correct Answer:
Verified
Q55: Consider Mandy's decision to go to college.If
Q56: Suppose after graduating from college you get
Q58: Hamid spends an hour studying instead of
Q59: When computing the opportunity cost of attending
Q62: When calculating the cost of college,which of
Q64: A rational decision maker takes an action
Q65: If Faith attends college,it will take her
Q133: For a college student who wishes to
Q153: Making rational decisions at the margin means
Q179: People are willing to pay more for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents