If you were unemployed and decided to return to college:
A) there would be an opportunity cost associated with the money you spent on books.
B) the opportunity costs associated with both your time and your money must be calculated separately.
C) there would be an opportunity cost associated with the use of your time.
D) all of the above are correct

Question

Quizplus · Accepted Answer

Opportunity cost includes both the money spent on books and the time spent attending college, as both could have been used for other purposes.

If You Were Unemployed and Decided to Return to College