In an Attempt to Boost Enrollment, in January, 1996, a Private

question 130

Multiple Choice

In an attempt to boost enrollment, in January, 1996, a private college in Iowa offered free tuition for graduating high school seniors from the county where it is located.For students who accepted the offer, how did this offer affect the opportunity cost of attending college?

• A)The opportunity cost did not change, since lost earnings were still a factor.
• B)The opportunity cost became zero for the typical student.
• C)The opportunity cost was very low, because the only cost was for books and supplies.
• D)The opportunity cost did not change, since tuition was not a factor in computing opportunity cost.
• E)The opportunity cost was lower than if tuition was charged, but there was still a cost.

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Definitions:

Phenotype

The observable characteristics or traits of an organism, resulting from the interaction of its genotype with the environment.

Actual Characteristics

The real, observable traits or features of an object, person, or concept.

Sex Chromosomes

Chromosomes that determine the genetic sex of an organism, typically denoted as XX for females and XY for males in many species.

Gonads

The primary reproductive organs in animals, which in males are the testes and in females are the ovaries, responsible for producing gametes and hormones.