Grades Personalized Chapters 1-4 & 23-26 Review Assignment Graded Assignment (Bo

Question

Grades Personalized Chapters 1-4 & 23-26 Review Assignment Graded Assignment (Bonus) | 3 ment Attempts: Score: /1 1. Chapter mank07t, Section.02, Problem 053 Which of the following is not an example of the opportunity cost of going to school? OA. The money a student could have earned by working if he had not gone to college. B. The party a student could hav unjoyed if he had not stayed in to study for his exam. OC. The money a student spenids on rent for his apartment while attending school. OD·The nap a student could have enjoyed if he had not attended class. saving Copyright Notices Terms of Use

Explanation / Answer

The money a student spends on rent for his apartment while attending school is not an example of the opportunity cost of going to school. This is because the opportunity cost is loss of one alternative whenever another alternative is choosen. In case of going to school, there is no such thing so the correct option is (C).

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