According to economists, one reason few professional athletes have PhD’s is that the a. opportunity cost of going to graduate school is too high. b. marginal benefit of going to graduate school is too high. c. explicit cost of going to graduate school would be too high.

Question

13-02-2020
English

contestada

According to economists, one reason few professional athletes have PhD’s is that the a. opportunity cost of going to graduate school is too high. b. marginal benefit of going to graduate school is too high. c. explicit cost of going to graduate school would be too high.

Respuesta :

Otras preguntas

There are 50 questions to answer in a trivia contest. Each player starts with 100 points. He or she earns 10 points for each correct answer but loses 4 points w

McDonald's has sold more than a billion hamburgers. If it were possible to eat a hamburger every minute of everyday (day and night) without stopping, how many y

what do you call two ratios that have the same value

Taylor wants to make 2 1/2 times the quantity given in a recipe. The recipe calls for 1 3/4 cups of flour. How much flour will Taylor need?

find the area of a circle with a diameter of 22 inches?

Verify the identity sec(beta) - 1 / cos(beta) = sec(beta)

The sum of two numbers is 95, and their difference is 61. What are the two numbers?

There are 50 questions to answer in a trivia contest. Each player starts with 100 points. He or she earns 10 points for each correct answer but loses 4 points w

How long was a million days ago in hours?

Tobloc Tobloc · Answer 1 · 2020-02-13T06:24:08+01:00

Answer: OPPORTUNITY COST OF GOING TO GRADUATE SCHOOL IS TOO HIGH. Option A.

Explanation:

Opportunity cost is a key concept in economics, and has been described as expressing "the basic relationship between scarcity and choice". Opportunity costs are not restricted to monetary or financial costs: the real cost of output forgone, lost time, pleasure or any other benefit that provides utility should also be considered an opportunity cost.