If a Student Enrolls in an Additional Course at the University

question 18

Multiple Choice

If a student enrolls in an additional course at the university, an economist would conclude that:

• A)​the total benefit that the student expects to receive as a result of completing her college degree exceeds the total cost of her college education.
• B)​the student is not following the rule of rational choice.
• C)​the student must not be involved in extracurricular campus activities.
• D)​the expected marginal benefit of an additional course must exceed the expected marginal cost of the course.

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Definitions:

Economic Capital

Economic capital is the total assets or wealth owned by an individual or organization, which can be used or invested to generate income or produce further wealth.

Social Integration

The process during which newcomers or minorities are incorporated into the social structure of the host society.

Trade School

An educational institution that teaches job-specific skills for specific careers or trades, rather than academic subjects.

High School Diplomas

Certification awarded by educational institutions to signify that a student has completed the required coursework and standards for secondary education.