Question

For a college student who wishes to calculate the true costs of going to college, the costs of room and board Group of answer choices should be counted in full, regardless of the costs of eating and sleeping elsewhere. should be counted only to the extent that they are more expensive at college than elsewhere. usually exceed the opportunity cost of going to college. plus the cost of tuition, equals the opportunity cost of going to college.

Answer 1

should be counted only to the extent that they are more expensive at college than elsewhere

Step-by-step explanation:

The true cost of any type of commodity means the hidden cost or the negative cost i.e. external that added at the time when the pricing of the products are to be done. Also it varies with the market price and it is differently charged to decrease the misuse

So for determining the true cost the college student should keep in mind that the room cost and the board could not go below the market price

hence, the option b is correct