The opportunity cost to a student of preparing for an examination is:
A) impossible to measure.
B) the alternative use of the time required to prepare for the exam.
C) high for a student with a high GPA and low for a student with a low GPA.
D) zero since the tuition has already been paid for the course and there is not an extra fee to take the exam.

Question

Quizplus · Accepted Answer

The opportunity cost to a student of preparing for an examination is the alternative use of the time that could have been spent doing something else, such as working, leisure activities, or studying for another subject.

The Opportunity Cost to a Student of Preparing for an Examination