The opportunity cost of attending college is likely to be higher for a high school graduate who leaves a job grilling hamburgers than it is for a high school dropout who leaves a job working as a computer network administrator.
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Q15: Every choice has a cost
Q16: Everyone faces scarcity.
Q18: A permanent change to a much higher
Q19: Human capital consists of computers, tools and
Q20: Marginal cost is the additional cost incurred
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Q22: It is difficult to make the concept
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