The opportunity cost of attending college is likely to include all except which of the following?
A)the cost of required textbooks
B)tuition fees
C)the income you forego in order to attend classes
D)the cost of haircuts received during the school term

Question

The opportunity cost of attending college is likely to include all except which of the following?
A)​the cost of required textbooks
B)​tuition fees
C)​the income you forego in order to attend classes
D)​the cost of haircuts received during the school term

Quizplus · Accepted Answer

The cost of haircuts received during the school term is not a relevant opportunity cost of attending college, since it does not involve forgoing any other options or benefits. The other options (A, B, and C) all represent potential opportunity costs, since they involve giving up something (money, time, or other resources) in order to attend college.

The Opportunity Cost of Attending College Is Likely to Include