Multiple Choice
The opportunity cost of going to college or university for four years is
A) zero.
B) equal to the wage rate a person will earn after graduation.
C) the cost of tuition and books and four years of lost wages from employment.
D) the cost of tuition, residence fees and books.
E) the least valued alternative one forfeits to attend.
Correct Answer:
Verified
Correct Answer:
Verified
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