What Is the Best Economic Explanation for Why a Person

question 24

Multiple Choice

What is the best economic explanation for why a person would drop out of college in order to start a business?

• A) The person has a good idea for starting a business.
• B) The person has to pay a higher tuition to attend college.
• C) The expected future benefits from starting a business now are greater than the costs.
• D) The opportunity cost of starting a business is high now but will be low later in life.

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Definitions:

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