If a student enrolls in an additional course at the university, an economist would conclude that:
A)the total benefit that the student expects to receive as a result of completing her college degree exceeds the total cost of her college education.
B)the student is not following the rule of rational choice.
C)the student must not be involved in extracurricular campus activities.
D)the expected marginal benefit of an additional course must exceed the expected marginal cost of the course.

Question

If a student enrolls in an additional course at the university, an economist would conclude that:
A)​the total benefit that the student expects to receive as a result of completing her college degree exceeds the total cost of her college education.
B)​the student is not following the rule of rational choice.
C)​the student must not be involved in extracurricular campus activities.
D)​the expected marginal benefit of an additional course must exceed the expected marginal cost of the course.

Quizplus · Accepted Answer

According to rational choice theory, individuals make decisions by weighing the expected marginal benefit against the expected marginal cost. Therefore, enrolling in an additional course would only make sense if the expected marginal benefit is greater than the expected marginal cost.

If a Student Enrolls in an Additional Course at the University