Question

Is the opportunity cost of attending high school the same for all high school students? Explain why or why not.

Answer 1

Most high schools are public, so you do not need to pay for them except for textbooks, and other stuff. But private high schools can differ. The more secure, design, and location can impact the price.

Answer 2

Answer:

No

Explanation:

The opportunity cost of attending high school is not the same for all students. Opportunity cost refers to the value of making a particular choice compared with the value of the most valuable choice out of those that were not taken. In this case, some high school students might do nothing else besides school. This means that their opportunity cost is lower than that of students who work, and have to stop working in order to attend school.