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Author Question: The opportunity cost of going to college or university for four years is (Read 55 times)

bubba123

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on: Oct 12, 2022

Question 1

Scarcity arises from limited resources. For this reason, all economic choices involve
◦ a value judgement.
◦ complementary ends.
◦ an educated decision.
◦ greed.
◦ an opportunity cost.

Question 2

The opportunity cost of going to college or university for four years is
◦ the cost of tuition and books and four years of lost wages from employment.
◦ the least valued alternative one forfeits to attend.
◦ the cost of tuition, residence fees and books.
◦ equal to the wage rate a person will earn after graduation.
◦ zero.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by bubba123 on Oct 12, 2022

brunoanthony

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bubba123

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Reply 2 on: Oct 12, 2022
Excellent

deja

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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