Consider the Following Information Regarding a Person's Decision to Go

question 102

Multiple Choice

Consider the following information regarding a person's decision to go to college: college tuition is $20,000 per year, room and board is $10,000 per year, and books and materials are $2,000 per year.Suppose that instead of going to college this person could have earned $18,000 working in a store.An economist would calculate the cost of going to college as

• A)$20,000.
• B)$30,000.
• C)$32,000.
• D)$50,000.
• E)$18,000.

---

Definitions:

Ethnocentrism

The tendency to believe that your culture or ethnicity is superior to everyone else’s.

Downward

Refers to communications or relationships that move from higher levels of hierarchy to lower levels within an organizational structure.

Communication Direction

The pathway communication follows within an organization, which can be upward, downward, or lateral.

Communication Direction

refers to the flow of communication, such as upward, downward, or horizontal, within an organization or group.