Which Statement(s) Is/are True? 1 If Unemployment Increases, the Opportunity

question 209

Multiple Choice

Which statement(s) is/are true? 1 If unemployment increases, the opportunity cost of attending college decreases.
2 If men generally earn more than women, the opportunity cost of not attending college is higher for men than for women.

• A) 1 only
• B) 2 only
• C) 1 and 2
• D) neither 1 nor 2
• E) impossible to tell without more information

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Definitions:

Expected Revenue

The anticipated amount of money a company expects to receive from its activities over a period, based on forecasted sales volumes and selling prices.

Thought-Activated

Technology or systems that are controlled by the user's thoughts or brain signals, often used in assistive devices and interfaces.

Expected Revenue

The projected amount of money a company anticipates generating from the sales of goods or services over a certain period.

Charge

The amount of money that is asked in exchange for goods or services.