"If the cost of college tuition goes up,then fewer people will go to college." This statement:
A) is always true.
B) is true only if for some students the cost of college after the tuition increase exceeds the benefits of attending college.
C) would never be true.
D) ignores the opportunity costs of attending college.

Question

Quizplus · Accepted Answer

The statement is not necessarily always true as it depends on individual circumstances. If for some students the cost of college after the tuition increase exceeds the benefits of attending college, then they may choose not to go, leading to fewer people attending college. However, for others, the benefits of attending college may still outweigh the increased cost, leading them to still pursue higher education. Therefore, the statement is true only if certain conditions are met for individual students.

"If the Cost of College Tuition Goes Up,then Fewer People