Which Student Is Most Likely to Leave College Without a Degree

question 40

Multiple Choice

Which student is most likely to leave college without a degree?

• A) Emily, who is earning $15,000 a year, working full-time, has two children, and is attending a college with 10,000 students
• B) Baxter, whose family income is $100,000 a year, and who attends a college with 1,000 students
• C) Evelie, who just had a baby, works part-time, and attends a college with 800 students
• D) Cy, whose family income is $60,000 year, who goes to school full-time, and who attends a college with 2,000 students

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Definitions:

Marginal Cost

The cost of producing one additional unit of a product, calculated by the change in total cost divided by the change in quantity.

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of production or output within a business.

Vertical Distance AB

A measure of the difference in height between two points, A and B, often used in mathematics and physics to determine the direct vertical separation.

Average Total Cost Curve

A graphical representation illustrating the cost per unit of output, calculated by dividing the total cost by the quantity of output produced.