Question

Maria is deciding between attending the University of Georgia or Clemson University in the fall. Both universities have accepted her as a full time student. If she decides to attend Clemson what is the opportunity cost of her decision?a. The money she could have saved on personal expenses.b. The money she could have saved on college tuition.c. Leaving her high school friends.d. Attending the University of Georgia.

Answer 1

The opportunity cost of Maria's decision to attend Clemson University instead of the University of Georgia would be the value of the forgone alternative uses of time spent on studying and attending class instead of using the time in some other endeavor. Therefore, option d. Attending the University of Georgia, represents the opportunity cost of her decision.

Step-by-step explanation:

The opportunity cost of Maria's decision to attend Clemson University instead of the University of Georgia would be the value of the forgone alternative uses of time spent studying and attending class instead of using the time in some other endeavor. By choosing Clemson, Maria is giving up the opportunity to attend the University of Georgia, which could potentially offer different academic programs, campus culture, and networking opportunities. Therefore, option d. Attending the University of Georgia, represents the opportunity cost of her decision.