ECO 201 Ashford University Opportunity Costs in Microeconomics Discussion
Question Description
In Chapter 2, 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 the opportunity cost of attending a four-year college (assuming a full-time schedule, living on-campus). 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?
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