Social Studies
Social Studies, 19.07.2019 13:30, MrKrinkle77

Why does attending college involve an opportunity cost?

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Business, 22.07.2019 17:30, dschallipp
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. only half of the cost of the parking permit is part of the opportunity cost of attending college. c. the cost of the parking permit is not part of the opportunity cost of attending college under any circumstances. d. 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.
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Business, 09.09.2019 18:30, jilliangillespie
Some college students think that because a college degree greatly increases their earning potential there is no opportunity cost of attending college. how would an economist look at the matter? a. there is still an opportunity cost, even if it is justified by higher future earnings. b. the opportunity cost is much less than it would appear, assuming that earnings increase. c. there is no opportunity cost, assuming that future earnings actually increase as expected. d. the college students are completely correct in all respects. e. opportunity cost is a meaningless concept in this situation.
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Social Studies, 16.09.2019 18:00, trekey36
Prior to attending college, marvin is offered a lucrative four-year contract as an actor in a daytime soap opera. assuming that acting and attending college are marvin's preferred alternatives and that he must choose between the two, his opportunity cost of attending college after receiving the offer making him likely to attend college than before he received the offer.
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Business, 19.09.2019 22:30, msanger7587
Jamie and danny both attend the same college and incur the same expenses for tuition books and school supplies. jamie gave up a lucrative modeling job in paris to attend school full-time and danny gave up a part-time job as a sales clerk in a department store. it follows that: a. the opportunity cost of attending college is the same for both since they are enrolled at the same academic institution.b. the opportunity cost of attending college is likely greater for jamie than for danny.c. the opportunity cost of attending college is likely greater for danny than for jamie.d. the opportunity cost is minimal for both since college graduates are paid much higher than high school graduates on average.
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