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Economics - Financial Markets 16 Online
OpenStudy (destinyyyy):

Is my answer correct? - What is your opportunity cost of enrolling in this class? What is your marginal benefit of enrolling in this class?

OpenStudy (destinyyyy):

My answer- In the book opportunity cost is defined as the highest- valued alternative that must be forgone when a choice is made. For me it's time and money. Which is most likely similar to everyone else enrolled in this class. Since I decided to take a year off after high school, my plan is to complete my AA in less than two years. This choice of mine will have a positive and negative affect on my life. I will have no time to mess around and less to make money to pay for all my school fees. The marginal benefit of taking this course is that I will be closer to completing my AA degree and the knowledge I will receive from this course.

OpenStudy (razorghost):

Good explanation i really like it i think u will get full marks for this particular question :)

OpenStudy (destinyyyy):

Okay. Thank you.

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