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Darya has an arrangement in which she buys a bulk of handbags and resells them for low cost on the streets of Brooklyn. Darya is probably a(n) __________ who buys the goods from a(n) __________ shoplifter.
Opportunity Cost
The expense incurred from not choosing the optimal alternative available during decision-making.
College Tuition
The fee that institutions of higher education charge for enrollment and instruction.
Forgone Income
Potential earnings not received by choosing one alternative over another, often considered in opportunity cost calculations.
Tuition
The fee charged by educational institutions for instruction and training, typically assessed per term or per course.
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