This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The opportunity cost of going to college or university for four years is (Read 54 times)

bubba123

  • Full Member
  • ***
  • Posts: 134
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
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bubba123 on Oct 12, 2022

brunoanthony

  • Full Member
  • ***
  • Posts: 169
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.
Answer Preview
Only 29% of students answer this correctly


bubba123

  • Member
  • Posts: 134
Reply 2 on: Oct 12, 2022
Gracias!

xiazhe

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

A squirrel in the Cambridge University Botanic Gardens A squirrel in the Cambridge University Botanic Gardens
Localization of a Peptide The peptide is revealed by means of immunocytochemistry. The photomicrogra Localization of a Peptide The peptide is revealed by means of immunocytochemistry. The photomicrogra
Earth’s Oldest Preserved Rocks – 3.8 Billion Years Old, Greenland Earth’s Oldest Preserved Rocks – 3.8 Billion Years Old, Greenland
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take Americium-243 has a decay constant of 9.39 × 10-5 years-1. How long will it take
Earth 200 Million Years Ago Earth 200 Million Years Ago
Video: Random alignment at Metaphase I Animation

For a complete list of videos, visit our video library