What Would You Recommend to a Friend Who Wants to Work

question 22

Multiple Choice

What would you recommend to a friend who wants to work while going to school?

• A) Don't do it- the research shows it will negatively impact your grade
• B) Excellent idea- the more you work, the more productive you'll be
• C) Good idea if you work part time, a work- school balance is needed
• D) Working is not a good idea for freshman

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Definitions:

Opportunity Cost

Signifies the advantages that a person, investor, or company forgoes by selecting one option instead of another.

Tables

Arrangements of data in rows and columns that systematically display information.

Comparative Advantage

The ability of an individual, firm, or country to produce a certain good at a lower opportunity cost than its trading partners.

Total Output

Total output refers to the total value of all goods and services produced in an economy over a specific period.