Suppose Your College Institutes a New Policy Requiring You to Pay

Multiple Choice

Suppose your college institutes a new policy requiring you to pay for a permit to park your car in a campus parking lot.

A) The cost of the parking permit is not part of the opportunity cost of attending college if you would not have to pay for parking otherwise.
B) The cost of the parking permit is part of the opportunity cost of attending college if you would not have to pay for parking otherwise.
C) Only half of the cost of the parking permit is part of the opportunity cost of attending college.
D) The cost of the parking permit is not part of the opportunity cost of attending college under any circumstances.