Based on the idea of opportunity cost, which of the following students would be most likely to drop out of college before completing their degree?
A) a senior mathematics major with a solid B average
B) a junior physical therapy student who has just read about the fantastic job offers available to students with degrees in her area
C) a star college football player in his junior year that just received a $5 million offer from a professional team
D) a junior economics major who wants to attend graduate school

Question

Quizplus · Accepted Answer

The star college football player has a significant opportunity cost in terms of potential earnings from a $5 million offer, which makes it more likely for him to drop out to pursue the immediate financial gain.

Based on the Idea of Opportunity Cost, Which of the Following