The Decision to Go to Graduate School Is a Rational

question 308

Multiple Choice

The decision to go to graduate school is a rational one for a college student if the

• A) cost is not too great.
• B) marginal cost exceeds the marginal benefit of graduate school.
• C) marginal benefit of graduate school exceeds the marginal cost.
• D) opportunity cost of graduate school equals zero.
• E) student carefully compared the social benefits of this decision.

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