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Opportunity Cost
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:
Video : ECO-201: Section 2.1 Review (CC)
1) Describe the opportunity cost of attending a four-year college (assuming a full-time schedule, living on-campus).
2) Given these opportunity costs, why do people choose a four-year college experience?
3) 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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