Learning Path
Question & Answer1
Understand Question2
Review Options3
Learn Explanation4
Explore TopicChoose the Best Answer
A
The income earned from the part-time job
B
The knowledge and skills that could have been gained from the summer course
C
The cost of textbooks for the summer course
D
The time spent commuting to the job
Understanding the Answer
Let's break down why this is correct
Answer
Opportunity cost is what you give up when you make a choice. In this case, if the student decides to work a part-time job instead of taking a summer course, the opportunity cost includes the benefits they would have gained from that course. For example, the student might miss out on learning new skills, earning credits toward their degree, or making valuable connections with teachers and classmates. So, while they earn money from the job, they are also losing the chance to advance their education and personal growth. This shows that every decision has trade-offs, and understanding these can help students make better choices in the future.
Detailed Explanation
The opportunity cost is what you give up when you make a choice. Other options are incorrect because Some might think the money earned is the main cost; The cost of textbooks is just one part of the course's expenses.
Key Concepts
opportunity cost
trade-offs
alternative choices
Topic
Opportunity Cost Analysis
Difficulty
hard level question
Cognitive Level
understand
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