Prior to Attending College,Marvin Is Offered a Lucrative Four-Year Contract

question 144

Multiple Choice

Prior to attending college,Marvin is offered a lucrative four-year contract as an actor in a daytime soap opera.Assuming that acting and attending college are Marvin's preferred alternatives and that he must choose between the two,his opportunity cost of attending college after receiving the offer ________________,making him ____________ likely to attend college than before he received the offer.

• A)increases;less
• B)decreases;more
• C)stays the same;equally likely
• D)increases;more
• E)​decreases;less

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Definitions:

Intangible Assets

Non-physical assets that provide economic benefits to a company, such as patents, trademarks, goodwill, and copyrights.

Issuance of Bond

The process through which a bond is created and sold to investors, thus raising capital for the issuer.

Financing Activities

Transactions that result in changes to the size and composition of the equity capital or borrowings of an entity.

Issued Common Stock

Equity shares that have been distributed to shareholders by the company.