πŸ“Š Business Economics Macro
Q. The opportunity cost of going to university is:
  • (A) The total spent on food, clothing, books, transportation, tuition, lodging and other expenses
  • (B) Zero for students who are fortunate enough to have all of their university expenses paid by someone else
  • (C) Zero, since a university education will allow a student to earn a higher income after graduation
  • (D) The value of the best opportunity a student gives up to attend university
πŸ’¬ Discuss
βœ… Correct Answer: (D) The value of the best opportunity a student gives up to attend university

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