Solved

The Opportunity Cost of Attending a University for a Year

Question 96

Multiple Choice

The opportunity cost of attending a university for a year is measured by:


A) ​the tuition fees incurred.
B) ​the size of the student loans the student becomes responsible for.
C) ​the sum of all expenditures on rent, food, books, and tuition incurred during the school year.
D) ​the value of the best opportunity or opportunities foregone in order to enroll for the year.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions