Which of the Following Is NOT a Possible Cause of the Increasing

question 55

Multiple Choice

Which of the following is NOT a possible cause of the increasing return to college education since the 1980s?

• A) The ability to work with computers has made an education more valuable than in times past.
• B) The flow of new people into the ranks of the college-educated has been limited.
• C) The cost of college education has been skyrocketing.
• D) More people are obtaining a college degree, thus increasing the wages of workers with a college degree.

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Definitions:

Outside Supplier

A third-party entity that provides goods or services to a company, typically not affiliated with the purchasing company.

Opportunity Cost

The expense incurred by not choosing the second-best option during decision-making.

Managerial Decision

Choices or judgments made by managers in the context of strategic planning and resource allocation to achieve business objectives.

Short-term

Referring to a period of time typically less than one year, used in context of planning, finance, or objectives.