11/12: Opportunity Cost of College
Opportunity cost is all about giving something to obtain something else. Opportunity cost is all about balance which is based on peoples' individual opinions, needs, and wants. What one person is willing to sacrifice is crossing the line for another.
Question 1
Short answer
What is the opportunity cost of going to college v.s. the opportunity cost of doing something else (you choose)? Use real examples/figures in your answer.
Teach with AI superpowers
Why teachers love Class Companion
Import assignments to get started in no time.
Create your own rubric to customize the AI feedback to your liking.
Overrule the AI feedback if a student disputes.
Other Economics Assignments
1/8 Warm Up23S56 Essay Q1a on factors affecting effectiveness of FP2.3 Understanding Budgeting2.5 Borrowing & Insurance3.2 Variations in Econ Activities-The Economics of Volatile Oil Prices Critical Evaluation of Government Policies on Income Distribution and EquityCSQ2 iSwitch shutting downCurrent Events #1Differences between changes in quantity supplied and quantity demandied and shifts in supply and demand.Economic ChoicesEconomic Measures: Calculating Government Spending with the Spending MultiplierEconomic Systems -- Market vs. CommandEcon Test #3 Study GuideEcon Test #4 Study GuideEssay Q1a on factors affecting effectiveness of FPExplain what might cause a country’s balance of trade to be in deficitExploring Business Structures: Sole Proprietorships and PartnershipsExploring Economic Concepts: Big Government Cheese and Price ControlsExploring Unit 1 Key Economic Concepts through Real-World ScenariosFinancial Literacy: Understanding Budgeting and CreditHLA Economics on Income Inequality in the USAHow to Evaluate - Fiscal PolicyMAC Position Paper - Analysis of Monopoly MarketMarket Failure in the Vaccine Market MarketplaceMinimum Wage EssayUnderstanding Economic Inequality and PovertyUnderstanding Economic Principles: Demand, Supply, and Market EquilibriumUnderstanding Personal Finance: Ch 18-2 Budgeting and Credit Understanding Savings and InvestmentsUnit 1 Review QuestionsUnit 2 Essay (1a)Unit 2 Test (1a)Unit 3 FRQ- MoneylandWriting practice on the 2 factors affecting FP effectiveness