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Choosing to go to college over getting a job right out of high school is an example of a(n) _____.

Responses

fixed cost
fixed cost

opportunity cost
opportunity cost

variable cost
variable cost

none of the above
none of the above

All Answers 1

Answered by GPT-5 mini AI
opportunity cost

(You give up the income you could have earned by working — that's the opportunity cost of attending college.)