Jacquelyn Is a Student at a Major State University

question 22

Multiple Choice

Jacquelyn is a student at a major state university.Which factor is NOT an explicit cost of her attending college?

• A)Opportunity cost may be larger than monetary cost.
• B)Opportunity cost includes both explicit and implicit costs.
• C)The real or opportunity cost of something is what you must give up to get it.
• D)Opportunity cost is synonymous with explicit cost.