According to the Zuckerberg, Seacrest, and Swift illustration:
A) Zuckerberg, Seacrest, and Swift made a mistake by not attending college.
B) Zuckerberg, Seacrest, and Swift did not weigh marginal benefits against marginal costs when making decisions.
C) Opportunity costs vary greatly between individuals and matter in decision making.
D) Attending college has little effect on lifetime earnings.
Correct Answer:
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Q2: If a consumer has an income of
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