Author Question: The opportunity cost of going to college includes the costs of tuition, books, fees, and a. nothing ... (Read 117 times)

cookcarl

  • Hero Member
  • *****
  • Posts: 539
The opportunity cost of going to college includes the costs of tuition, books, fees, and
 a. nothing else
  b. housing
  c. housing and food
  d. earnings forgone by not working full-time
  e. housing, food, and earnings forgone by not working full-time

Question 2

Expenses for room and board
 a. are opportunity costs of attending college, because they are subsidized by the government or by the college
  b. are opportunity costs of attending college since they involve cash expenditures
  c. are opportunity costs of attending college if you are on scholarship, but not otherwise
  d. are not usually part of the opportunity cost of attending college, because you would have to live somewhere and eat something even if you didn't attend college
  e. are not usually part of the opportunity cost of attending college, because they are already included in room and board charges, and we wish to avoid double counting



vseab

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

D

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library