The tuition that will be paid next semester by a college student who pursues a degree is a(n):
A) sunk cost.
B) out-of-pocket cost.
C) indirect cost.
D) average cost.
E) marginal cost.

Name: The tuition that will be paid next semester by a college student who pursues a degree is a(n): A) sunk cost. B) out-of-pocket cost. C) indirect cost. D) average cost. E) marginal cost.
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Question

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Out-of-pocket costs are direct payments made by individuals for goods or services, such as tuition fees for a college semester.

The Tuition That Will Be Paid Next Semester by a College