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Microeconomics Discussion Post: Opportunity Cost
Hello, I need help creating a short paragraph for a discussion post in microeconomics. Here’s the assignment instructions from instructor:
You learned about the concept of opportunity cost, and the Section 2.1 review video demonstrated this concept. In your initial post, respond to the following:
- Describe various opportunity costs of attending a four-year college (assuming a full-time schedule). Given these opportunity costs, why do people choose a four-year college experience?
- In your own life, what are the trade-offs you face when choosing online classes versus traditional face-to-face classes?