ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is the opportunity cost of attending technical school versus attending a 4-year college or university?
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There is no difference between the two choices.
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A party atmosphere versus having to live at home.
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A broad education as opposed to learning a working trade.
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Both choices are equal in earning power and job opportunities.
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Explanation:
Detailed explanation-1: -What is the opportunity cost of attending technical school versus attending a 4-year college or university? There is no difference between the two choices. A party atmosphere versus having to live at home. A broad education as opposed to learning a working trade.
Detailed explanation-2: -Scarcity exists when human wants for goods and services exceed the available supply. People make decisions in their own self-interest-weighing benefits and costs.
Detailed explanation-3: -Which is a human resource that Ms. Johnson could use for her art gallery? Light fixtures to help display the artwork.
There is 1 question to complete.