Question

Think about a tradeoff associated with taking college classes and pursuing a degree. What kinds of things do you trade off to take classes and do homework

Answer 1

Answer:

time and money

Explanation:

The two main general tradeoffs that you're making are time and money. You are using your valuable time pursuing that degree as well as spending money on tuition and other expenses. This therefore, becomes an opportunity cost since you could have spent that time and money doing other things such as travelling to see the world, creating a business, investing, or even learning something else. Anything that you could think of would be an opportunity cost of deciding to use your time and money to pursue that degree.