Instead of Deciding to Finish High School,you Could Have Decided

question 55

Multiple Choice

Instead of deciding to finish high school,you could have decided to work full-time.How would an economist explain your decision to receive your high school degree?

• A) The cost of going to high school was greater than the benefit of working full-time.
• B) The benefit of working full-time was greater than the benefit of going to high school.
• C) The benefit of going to high school was greater than the benefit of working full-time.
• D) The cost of working full-time was greater than the benefit of going to high school.
• E) The benefit of working full-time was greater than the cost of going to high school.

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Definitions:

Labour Hours

The total hours worked by employees in the production of goods or delivery of services.

Cash Balance

The total amount of cash or cash equivalents a company or individual has available at any given time.

Disbursements

Payments made by a business, including expenses, cash distributions to shareholders, or investments.

Financing

The act of supplying capital for company operations, acquisitions, or investment activities.