You are advising a friend who is attempting to decide whether or not to drop one

Question

You are advising a friend who is attempting to decide whether or not to drop one of the courses they are currently enrolled in. If they drop, they will forfeit the money spent on tuition. Which of the following regarding the drop decision is inconsistent with capital budgeting principles?

I. Remaining in the class means you must give up your part-time job.
II. The tuition cost for the class was outrageous, $1,000 per credit hour.
III. If you drop the class, you can sell the textbook now for $30 at the bookstore.

A) I only
B) II only
C) I & III only
D) II & III only
E) I, II & III

Explanation / Answer

C) I & III only I onlyknow this because it was on a test I took last semester.

Related Questions

Navigate

• Browse (All)
• Browse Y
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.