ECONOMICS (CBSE/UGC NET)

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ECONOMICS

DECISION MAKING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
You have just been offered a fully paid scholarship to the University of Alabama-Birmingham (UAB) and a $1, 500.00 per year scholarship to the University of North Alabama (UNA) ____ Plus, all of your friends will be going to UNA ____ You have the option to go to UAB or UNA ____ You decide to attend UAB ____ What is your Opportunity Cost(s)?
A
Not attending UNA
B
Not going to the same school as your friends
C
Not going to school closer to home
D
All the answers are an Opportunity Cost
Explanation: 

Detailed explanation-1: -Students might receive the money directly as a check in their name. In other cases, the money is given to the student’s school. When that happens, the student would then pay the school for the difference in any money owed for tuition, fees, room, and board.

Detailed explanation-2: -You can study in University of Alabama on fully funded scholarship, partially funded scholarships or Awards . University of Alabama offers postgraduate and undergraduate programs in various disciplines.

Detailed explanation-3: -The scholarship money can be used to pay the tuition fees, room and board expenses, books and other education materials, living expenses, research and lab fees.

Detailed explanation-4: -The University of Alabama offers some of the most generous scholarship opportunities in the country for qualifying students. Complete the steps below to maximize your scholarship and aid opportunities.

There is 1 question to complete.
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