Larry Was Accepted at Three Different Graduate Schools, and Must

question 41

Multiple Choice

Larry was accepted at three different graduate schools, and must choose one. Elite U costs $50,000 per year and did not offer Larry any financial aid. Larry values attending Elite U at $60,000 per year. State College costs $30,000 per year, and offered Larry an annual $10,000 scholarship. Larry values attending State College at $40,000 per year. NoName U costs $20,000 per year, and offered Larry a full $20,000 annual scholarship. Larry values attending NoName at $15,000 per year. The opportunity cost of attending State College is:

• A) $30,000
• B) $20,000
• C) $15,000
• D) $10,000

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Definitions:

Neuronal Networks

Systems of interconnected neurons that work together to process and transmit information in the nervous system.

Utero

A term referring to the environment within the uterus; often used in phrases such as "in utero" to describe conditions or treatments occurring during pregnancy.

Biology

The scientific study of life and living organisms, including their structure, function, growth, evolution, and distribution.

Synapse

The tiny gap between the axon of one neuron and the dendrite of another.