Asked by Jeanette Retana on Jun 27, 2024
Verified
Tuition is the single-largest cost of attending college for most students.
Tuition
The fee charged for instruction or education provided by schools, colleges, and universities.
- Determine the function of opportunity cost within economic decision-making processes.
Verified Answer
ZK
Zybrea KnightJul 04, 2024
Final Answer :
False
Explanation :
While tuition is a significant expense, for many students, room and board (housing and food costs) can equal or surpass the cost of tuition, especially at residential colleges.
Learning Objectives
- Determine the function of opportunity cost within economic decision-making processes.