The Opportunity Cost of Attending a University for a Year

question 96

Multiple Choice

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

• A)​the tuition fees incurred.
• B)​the size of the student loans 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.