The Opportunity Cost of Attending University Is Likely to Include

question 10

Multiple Choice

The opportunity cost of attending university is likely to include all except which of the following?

• A) the cost of haircuts received during the school term
• B) the income you forgo in order to attend classes
• C) tuition fees
• D) the cost of required textbooks

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Definitions:

UETA

The Uniform Electronic Transactions Act, which provides legal recognition to electronic signatures and records as equivalent to written documents and signatures in commercial transactions.

E-commerce

The buying and selling of goods and services over the internet.

Traditional Commerce

Commerce transactions that take place in physical locations, such as stores or offices, rather than online.

Authorized Mode

Pertains to a legally or officially approved method or procedure.