Question

The opportunity cost of a college degree includes the A. goods that a student cannot purchase because of spending on books and tuition and the foregone income that could have been earned while in college. B. the cost of​ college, the foregone income while in​ college, and the inability to go to another college. C. the costs of​ food, housing,​ books, tuition that a student could have purchased. D. goods that a student cannot purchase because of spending on​ books, tuition,​ food, and housing and the foregone income that could have been earned while in college.

Answer 1

The correct answer is D) goods that a student cannot purchase because of spending on​ books, tuition,​ food, and housing and the foregone income that could have been earned while in college.

Step-by-step explanation:

The D option is very similar to the A option, but D is more complete because besides the cost of tuition and books, it also includes the cost of housing and food, which are costs that college students must incurr.