What is the best economic explanation for why a person would drop out of college in order to start a business?
A) The person has a good idea for starting a business.
B) The person has to pay a higher tuition to attend college.
C) The expected future benefits from starting a business now are greater than the costs.
D) The opportunity cost of starting a business is high now but will be low later in life.

Question

Quizplus · Accepted Answer

The person has weighed the expected future benefits of starting a business now against the costs of dropping out of college and determined that the benefits outweigh the costs. This indicates that the person believes there is a significant potential for success with the business venture.

What Is the Best Economic Explanation for Why a Person