Multiple Choice
The opportunity cost of attending college might best be described as
A) the money that must be paid in order to attend college.
B) the lowest-valued alternative use of the student's time.
C) the highest-valued alternative use of the student's time.
D) the value that the student attaches to not working.
Correct Answer:

Verified
Correct Answer:
Verified
Q401: Efficiency is achieved<br>A) when output is being
Q402: Which of the following statements about scarcity
Q403: Economic goods are items that<br>A) are used
Q404: The accumulated training and education that you
Q405: Natural gas found in Oklahoma is an
Q406: If a CEO can type faster than
Q407: Which of the following is the best
Q409: When an economy is operating efficiently, which
Q410: Which of the following statements is FALSE
Q411: Trading off capital goods for increasing amounts