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:

Criticize

To express disapproval of someone or something based on perceived mistakes or faults.

Disagreements

Instances of divergence in opinions, beliefs, or interests between individuals or groups.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.

Interpersonal Conflict

A situation where two or more individuals have opposing interests, beliefs, or needs that result in tension or disagreement.