2. Which of these would be an opportunity cost of going to college?

Question

2. Which of these would be an opportunity cost of going to college?

*
A. the cost of housing and food
B. the cost of books and tuition
C. the degree and the money you will earn
D. the money you could have earned at a job

I chose B

Answer 1

. the cost of books and tuition.

Answer 2

Correct, option B is the opportunity cost of going to college. By choosing to go to college, you are giving up the money that could have been spent on books and tuition. The opportunity cost represents the value of the next best alternative that is foregone when making a decision.