Multiple Choice
Margo spends $10,000 on one year's college tuition. The opportunity cost of spending one year in college for Margo is:
A) $10,000.
B) whatever she would have purchased with the $10,000 instead.
C) whatever she would have earned had she not been in college.
D) whatever she would have purchased with the $10,000 plus whatever she would have earned had she not been in college.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: Microeconomics deals with:<br>A)the working of the entire
Q51: When the San Francisco city manager faces
Q56: Your health club is offering a free
Q57: Which of the following statements is FALSE?<br>A)Efficiency
Q58: Which of the following is NOT a
Q59: When the United States and Mexico trade:<br>A)the
Q60: The existence of government intervention often suggests
Q91: A friend comes up to you and
Q182: If all of the opportunities to make
Q195: The Taco Hut charges the same price