ECONOMICS
OPPORTUNITY COST
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A country raises the school leaving age from 15 to 17 years.What is the opportunity cost of this increased period of school education to the young people affected?
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costs of training and employing more teachers
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financial help necessary for school leavers who go to university
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government expenditure on building extra classrooms
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lost income from paid employment because of school attendance
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Explanation:
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