What is the opportunity cost of going to university? the total spent on food, clothing, books, transportation, tuition, lodging, and other expenses the value of the best opportunity a student gives up to attend university zero, for students who are fortunate enough to attend on a scholarship zero, because a college education will allow a student to earn a larger income after graduation

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter2: Economics: Eight Powerful Ideas
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What is the opportunity cost of going to university?
the total spent on food, clothing, books, transportation, tuition, lodging, and other expenses
the value of the best opportunity a student gives up to attend university
zero, for students who are fortunate enough to attend on a scholarship
zero, because a college education will allow a student to earn a larger income after graduation
Next Page
Page 18 of 21
Transcribed Image Text:What is the opportunity cost of going to university? the total spent on food, clothing, books, transportation, tuition, lodging, and other expenses the value of the best opportunity a student gives up to attend university zero, for students who are fortunate enough to attend on a scholarship zero, because a college education will allow a student to earn a larger income after graduation Next Page Page 18 of 21
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