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butalik [34]
2 years ago
15

2. What are the main costs associated with higher education? Why might the financial burden of college actually be economically

worthwhile?
Business
1 answer:
julsineya [31]2 years ago
4 0

The major expenses or costs that are associated with higher education are tuition and fees, books and suppliers, room and board, personal expenses, and transportation.

<h3>What do you mean by costs?</h3>

Costs refer to the price paid for acquiring, producing, or maintaining something.

The major costs associated with education are books and suppliers, tuition and fees, room and board, and transportation.

Growing demand, rising financial aid, and exploding costs of administrators are the reasons that led to the increase in college costs.

The financial burden of college will be worthwhile having higher lifetime earnings, indirect financial benefits jobs, etc.

Learn more about Costs here:

brainly.com/question/15135554

#SPJ1

You might be interested in
All of the following statements about agriculture in market economic systems are true EXCEPT
MAXImum [283]

Answer:

B, In response to low crop prices and overproduction, it is being replaced by intensive subsistence farming.

Explanation:

A market economic system is one in which laws of demand and supply determine the production of goods and services. Agriculture in market economic systems is not being replaced by subsistence farming because subsistence farming is low scale farming that meets the needs of a family and as such is not affected by any laws of demand and supply as in commercial farming.

Cheers.

3 0
3 years ago
The regular selling price of a computer desk is $329.99. The markdown rate is 40%. What is the sale price? $197.99
krok68 [10]
A. $197.99

First you subtract 40% from 329.99

So,

329.99-40%=

40% of 329.99 is $131.99

329.99-131.99= 197.99
4 0
3 years ago
an efficiency wage is a: system of tying wage rates to overall factory efficiency rather than personal productivity. higher wage
krok68 [10]

An efficiency wage is a higher wage paid to reward workers who show greater productivity. Option D is correct.

<h3>What is the Efficiency wage?</h3>

Wages provided to employees over the minimum wage in order to retain a trained and efficient staff are referred to as efficiency wages. Adam Smith defined a type of pay disparity in the 18th century, in which workers in some businesses are paid more than others based on the level of trustworthiness necessary.

Employers establish efficiency salaries above the equilibrium wage rate as an incentive for better employee performance. An efficiency wage is a higher wage provided to employees who are more productive.

Therefore, option D is correct.

Learn more about the efficiency wage, refer to:

brainly.com/question/27960552

#SPJ1

8 0
9 months ago
Which f the following would likely accompany economic growth
hodyreva [135]

Answer:

Higher inflation, lower unemployment

Explanation:

There are no answer choices but in general, if there is economic growth, the LRAS curve (vertical) shifts right, and higher economic growth means more people become employed. Relating that to the phillips curve, lower unemployment will move up the curve to higher inflation.

3 0
2 years ago
True or false? Individual electronic components can be combined into larger groups, called diodes, to increase their usefulness.
Butoxors [25]
This is False.

A diode is something completely different, but can be found in a computer and is an important electronic part.
8 0
2 years ago
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