Which statement(s) is/are true? 1 If unemployment decreases, the opportunity cost of attending college decreases.
2 If men generally earn more than women, the opportunity cost of attending college is higher for men than for women.
A) 1 only
B) 2 only
C) 1 and 2
D) neither 1 nor 2
E) impossible to tell without more information
Correct Answer:
Verified
Q48: Money cost includes opportunity cost.
Q49: Germaine plans to attend college next year.
Q50: The true cost of any choice is
Q51: To make a smart choice, the value
Q52: Germaine plans to attend college next year.
Q54: Opportunity cost is always less than money
Q55: Scarcity means every choices involves a trade-off.
Q56: Germaine plans to attend college next year.
Q57: Which statement(s) is/are true? 1 If unemployment
Q58: Opportunity cost includes money cost.
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