What is the opportunity cost of going to college?
A) the total spent on food, clothing, books, transportation, tuition, lodging, and other expenses
B) the value of the best opportunity a student gives up to attend college
C) zero for students who are fortunate enough to have all of their college expenses paid by someone else
D) zero, since a college education will allow a student to earn a larger income after graduation
Correct Answer:
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