Which of the following is the correct opportunity cost to consider if you are trying to choose one 3-hour elective course (A) over another 3-hour elective course (B)?
A)
The tuition cost of a 3-hour course
B)
Your total tuition costs for the year with and without the course
C)
The information and learning from (B) that you will give up if you choose (A)
D)
The marginal costs of taking one more course
C
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