In comparing the opportunity cost of buying a new car with the opportunity cost of going to college, how would you relate one to the other or compare and analyze them separately, assuming that they are not mutually exclusive?
A comparison of the opportunity costs of buying a new car and going to college includes the monetary expenses, the difference between an object and an experience, and the emotional and psychological costs. All these factors have independent characteristics which can be analyzed separately as well as aspects that support relating them to each other.
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Latest answer posted September 08, 2020 at 10:52:12 AM