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The Opportunity Cost of Taking a Semester-Long Economics Class Is

Question 54

Multiple Choice
The opportunity cost of taking a semester-long economics class is:

The opportunity cost of taking a semester-long economics class is:


A) the cost of tuition and fees only.
B) the value of the time spent in the classroom.
C) zero because there is no admission charged if you are enrolled in the course.
D) equal to the highest value of an alternative use of the time and money spent on the class.

Correct Answer:

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