Ryan Must Decide Whether or Not to Go to Law

question 109

Multiple Choice

Ryan must decide whether or not to go to law school. He knows that he can earn $50,000 per year with his bachelor's degree, but he expects to earn a minimum of $58,000 per year with the law degree. An economist would advise him to

• A) take the job that just requires the bachelor's degree.
• B) go to law school, but only if he can finish within 3 years.
• C) go to law school.
• D) consider costs, revenues, and any nonmonetary job considerations he might have also.

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Definitions:

Transitional Forms

Fossilized remains that show intermediate characteristics between ancestral species and their modern descendants, often cited as evidence of evolution.

Fossil Record

The collection of fossils that has been discovered, providing evidence of the history of life and evolutionary processes on Earth.

Reptiles

A group of cold-blooded animals with scaly skin that typically lay eggs on land, such as snakes, lizards, crocodiles, and turtles.

Amphibians

A class of cold-blooded vertebrates that includes frogs, toads, salamanders, and newts, primarily living in moist environments.