Define the opportunity cost of getting your degree by analyzing what steps and economic factors a potential student must make when choosing to pursue an education. Given your answer, is getting a formal college education worth your opportunity costs? Why?

Name: Define the opportunity cost of getting your degree by analyzing what steps and economic factors a pot...
Uploaded: 2020-12-09T18:46:12+00:00
Description: Define the opportunity cost of getting your degree by analyzing what steps and economic factors a potential student must make when choosing to pursue an education. Given your answer, is getting a formal college education worth your opportunity costs? Why?

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Sonal BahlLv10

29 Sep 2019

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9 Dec 2020

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Related questions

1.)What is your opportunity cost of not going to college?
2. How does the analysis of your opportunity costs explain yourdecision to seek an education?
3. Explain why this is referred to as an investment and how itbenefits society.

whitecamel645

Your opportunity cost of attending college is:

a) The total spent on food, clothing, books, transportation, tuition, lodging, and other expenses,

b) The value of the best opportunity a student gives up to attend college,

c) Zero for students who are fortunate enough to have all of their college expenses paid by someone else,

d) Zero, since a college education will allow a student to earn a larger income after graduation.

yelloweagle292

Take a minute to think about the demand for college education and whether or not the costs of attending college (not just tuition, but also some of the opportunity costs associated with attendance) influence the number of students who attend college. Now tell me whether or not you think a college education is elastic or inelastic about the price, and back up your answer with an explanation as to why you believe what you do. There are no "right" or "wrong" answers to this, but I am interested in your thought process, and this will be graded solely on content.

AT LEAST two paragraphs, please.