23. Which of the following is not an example of the opportunity cost of going to...

23. Which of the following is not an example of the opportunity cost of going to school?

	a.	The nap a student could have enjoyed if he had not attended class.
	b.	The money a student could have earned by working if he had not gone to college.
	c.	The party a student could have enjoyed if he had not stayed in to study for his exam.
	d.	The money a student spends on rent for his apartment while attending school.

Expert Solution

The money earned by working and not going to college is the opportunity cost of going to college.Opportunity cost of going to school is any activities performed in the school hours or any income earned by not going to school or the expenditure on the apartment rented.

Answer-B

Rahul Sunny answered 2 years ago

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