Which of the following is the opportunity cost of attending university NOT likely to include?
A) the cost of required textbooks
B) tuition fees
C) the income you forgo in order to attend classes
D) the cost of groceries during the school term

Question

Quizplus · Accepted Answer

The cost of groceries during the school term is not directly related to attending university and therefore is not likely to be included in the opportunity cost of attending university. A, B, and C are all common components of the opportunity cost of attending university as they involve tangible costs and the cost of foregone income.

Which of the Following Is the Opportunity Cost of Attending