The opportunity cost of attending college is likely to be highest for a high school graduate _______A. who can immediately take

Question

3 years ago

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The opportunity cost of attending college is likely to be highest for a high school graduate _______A. who can immediately take

over the family business.B. who has access to student loans.C. who is very intelligent.D. whose family is extremely wealthy.

Business

1 answer:

podryga [215] · Answer 1 · 2022-07-08T13:20:56+03:00

Answer:

who can immediately take over the family business.

Explanation:

Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.

For a student who chooses to go to college, his opportunity cost is the opportunity of running the family business he forgoed when he decided to go to college.

I hope my answer helps you