The opportunity cost of going to college includes:
A) both tuition and the value of the student's time.
B) tuition, but not the value of the student's time, which is a cash cost.
C) tuition, but not the value of the student's time, which is a monetary cost.
D) neither tuition nor the value of the student's time, since obtaining a college degree makes one's income higher in the future.
E) neither tuition nor the value of the student's time, at least at state-supported universities and colleges.
Correct Answer:
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