You could quit high school and work full-time,but you decide to finish high school and get your high school degree.How would an economist explain your decision?

Question

Quizplus · Accepted Answer

An economist would explain that the decision to finish high school and get a high school degree indicates that the benefit of going to high school was greater than the benefit of working full-time. This is because the individual recognized the long-term benefits of obtaining a high school degree, such as higher earning potential and greater job opportunities. While working full-time may provide immediate financial benefits, the individual weighed the costs and benefits and determined that investing in their education would provide greater long-term benefits.

You Could Quit High School and Work Full-Time,but You Decide