Suppose That Your Tuition to Attend College Is $5,000 Per

question 95

Multiple Choice

Suppose that your tuition to attend college is $5,000 per year and you spend $5,000 per year on room and board. If you were working full time, you could earn $22,000 per year. What is your opportunity cost of attending college?

• A) $13,000
• B) $35,000
• C) $27,000
• D) $30,000

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Definitions:

Retinal Disparity

The slight difference in the visual images that each eye perceives because of their different angles, which contributes to depth perception.

Accommodation

Accommodation in psychology refers to cognitive process of adjusting one's mental schemas to incorporate new information from experiences.

Fovea

The fovea is a small, central pit composed of closely packed cones in the eye, responsible for sharp central vision necessary for activities like reading and driving.

Iris

The colored part of the eye surrounding the pupil, which adjusts the size of the pupil to regulate the amount of light entering the eye.