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SIZIF [17.4K]
3 years ago
11

When experts and journalists spend so much time talking about the limitations of education, they almost certainly are discouragi

ng some teenagers from going to college and some adults from going back to earn degrees. (Those same experts and journalists are sending their own children to college and often obsessing over which one.) The decision not to attend college for fear that it’s a bad deal is among the most economically irrational decisions anybody could make in 2014. The much-discussed cost of college doesn’t change this fact. According to a paper by Mr. Autor published Thursday in the journal Science, the true cost of a college degree is about negative $500,000. That’s right: Over the long run, college is cheaper than free. Not going to college will cost you about half a million dollars. –"Is College Worth It? Clearly, New Data Say," The New York Times According to the text, why is the choice not to attend college often a poor decision?
Business
2 answers:
Furkat [3]3 years ago
7 0

Answer:

b

Explanation:

Without a collage education, workers will actually lose money in the long run.

lesya692 [45]3 years ago
6 0

Answer:

Without a collage education, workers will actually lose money in the long run.

Explanation:

b

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a. equal to its marginal cost and grant a subsidy to cover the loss

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The price of commodity is equal to it's marginal cost.

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Suppose that the hypothetical country of Andesland suffers a chronic scarcity of its staple grain, quinoa.

Andesland is restrained by the resources it has to satisfy the various wants of its residents. The given statement is true.

One of the core principles of economics is scarcity. It indicates that there is a gap between the supply of an item or service and the demand for it. As a result, customers, who ultimately drive the economy, may have fewer options due to scarcity.

Given such shortages are unheard of in wealthy nations, Andesland must be a developing nation. When a country's resources are insufficient to meet all of its citizens' needs, the situation is referred to as scarcity. Even though it is less obvious in wealthy countries, scarcity still occurs.

Learn more about scarcity here brainly.com/question/3081250

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