The Opportunity Cost of Attending University for a Year Is

question 1

Multiple Choice

The opportunity cost of attending university for a year is measured by:

• A)the tuition fees incurred.
• B)the size of the student loan the student becomes responsible for.
• C)the sum of all expenditures on rent, food, books, and tuition incurred during the school year.
• D)the value of the best opportunity or opportunities foregone in order to enroll for the year.
• E)the sum of expenditures on tuition and hostel fees.