Which of the following is NOT an opportunity cost of attending college?
A) the tuition you pay
B) the income you could have earned if you didn't attend college
C) the alternative uses of the time you spend studying
D) the cost of the food that you consume while you are attending college
Correct Answer:
Verified
Q2: Opportunity cost is
A) that which we forgo,
Q3: If you can buy 9 DVDs for
Q4: The reason that opportunity costs arise is
Q5: If your tuition is $25,000 this semester,
Q6: That which we forgo, or give up,
Q11: Which of the following statements is NOT
Q13: Suppose that you purchased a ticket to
Q14: Economists often refer to risk-free ventures as
A)
Q19: The rise of the modern factory system
Q20: Among the fundamental concepts in economics are
A)
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