For Which of the Following Individuals Would the Opportunity Cost

question 74

Multiple Choice

For which of the following individuals would the opportunity cost of going to college be highest?

• A)a promising young mathematician who will command a high salary once she earns her college degree
• B)a student with average grades who has never held a job
• C)a famous,highly-paid actor who wants to take time away from show business to finish college and earn a degree
• D)a student who is the best player on his college basketball team,but who lacks the skills necessary to play professional basketball

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Definitions:

Devil's Advocate

Someone who adopts a position they do not necessarily agree with, for the sake of argument or to explore the thought process.

Asch's Line-Judging

Definition: An experiment conducted by Solomon Asch that demonstrated the power of conformity in groups, where individuals often agree with clearly incorrect majority opinions.

Autokinetic Effect

A phenomenon where a stationary point of light in a dark room appears to move due to small involuntary eye movements.

Group Norms

The shared expectations and rules that guide the behavior of members within a group.