Solve all this question compulsory...... Higher education is a place where we see some, but not complete, diversification in investment. That is, most colleges requirea set of diverse "core" classes, but students must choose and, to some extent, specialize in a specific major. Classify each ofthe given as either a benefit or cost of diversification in college course choice.benefitAnswer Bankcost You get a degree that involves using a specific piece of technology. Three years after you get your degree, new technology is invented that makes yourjob unnecessary. You have to change careers, and your new career uses some skills that you learned in your core classes.Some students may have had to learn to use the slide rule in classes that were unrelated to their major. For some of these students, the electroniccalculator would have made the slide rule obsolete even before they finished their degrees.Your college requires you to take at least one philosophy class. Unfortunately, you loathe philosophy with every ounce of your being.A leading business newspaper recently reported that nursing majors have an unemployment rate of around 2% while clinicalpsychology majors have an unemployment rate of over 19%. Suppose school officials want to maximize student welfare andview clinical psychology as being a "riskier" major (in terms of getting a job using those skills) than is nursing.Holding all else equal, which of the following changes should school officials make to maximize student welfare?☐ Require clinical psychology majors to take more classes outside of their field than nursing majors.Make nursing and clinical psychology majors take the same number of classes outside of their fields.Require clinical psychology majors to take fewer classes outside of their field than nursing majors.

Student welfare refers to the overall well-being and quality of life experienced by students within…

Higher education is a place where we see some, but not complete, diversification in investment. That is, most colleges require a set of diverse "core" classes, but students must choose and, to some extent, specialize in a specific major. Classify each of the given as either a benefit or cost of diversification in college course choice. benefit cost

Higher education is a place where we see some, but not complete, diversification in investment. That is, most colleges require a set of diverse "core" classes, but students must choose and, to some extent, specialize in a specific major. Classify each of the given as either a benefit or cost of diversification in college course choice. benefit cost

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth

Section: Chapter Questions

Problem 5SQP

See similar textbooks

Similar questions

S Assume you graduate from college with an accounting degree and take a job that pays $50,000 per year. You have an opportunity to enroll in a one-year full-time MBA program. Which of the following should NOT be included as the opportunity cost of attending the MBA program? the retirement benefits you will lose if you quit your job to pursue the MBA the cost of tuition and fees if you were to enroll in the MBA program O the $75,000 salary that you expect to earn after completing your MBA O the $50,000 salary that you could have earned if you kept your job
Define market value. How do you differentiate it fromintrinsic value?
Discuss how the concepts in microeconomics can be applied to real-world situations and increase your chances of career or life success?
Which one would you choose? why or why not? a. Present value of 500,000 as a lifetime income due to education or b. Present value of 100,000 as a lifetime income without an education
What are the benefits of being a professional salesperson?What are the typical career paths for fresh graduates? Whatare the differences between traditional selling approachand contemporary selling approach?
3. Larry was accepted at three different universities and must choose one. Elite U costs $50,000 per year and did not offer him any financial aid. He values attending Elite U at 60,000 per year. State College costs $30,000 per year, and offered Larry an annual $10,000 scholarship. Larry values attending State College at $40,000 per year. NoName U costs $20,000 per year, and offered him a full $20,000 annual scholarship. He values attending NoName at $15,000 per year. What is Larry's opportunity cost of attending Elite U? a. $15,000 b. $20,000 C. $50,000 d. $70,000
Classify different types of investments?
How can the franchising industry best maximize its impact on the world of business in the coming years?
1) Choose one of the following options or for extra credit find a table of data you are interested in. You need to make sure the data is a rate or marginal so that the area under the curve or volume makes sense. 2) Transfer the data into an Excel File 3) Put your name in cell A1 4) Follow the directions listed for the two options. Use a textbox on your Excel sheet for the discussion. Option A for Business Majors: The table below shows the marginal cost for a company's product at various production levels. Units 0 1000 2000 3000 4000 5000 6000 Marginal Cost (Slunit) 3.22 2.89 2.76 2.71 2.55 240 2.26 Units 7000 8000 9000 10.000 11,000 12,000 13,000 Marginal Cost (S/unit) 2.14 2.13 2.15 2.19 2.33 261 2.83 1) Remember marginal cost is the change in cost per item. It is also the derivative of the total cost. Estimate the cost (not including fix cost) to produce the first 12,000 batches of 2000 units using the initial marginal cost for each batch. 2) Graph the data in Excel, and then use a…
Please help me create a research question on economic for someone pursuing economic to research.
Complete an internet search and find additional reliable articles about public policy, entrepreneurship, and microenterprise. Some suggested keywords are "entrepreneurship policy framework," "youth economic opportunities," "microenterprise and encouraging entrepreneurship." Then write 1-2 paragraphs in response to the following questions: How does pubtic policy impact entrepreneurs? What are some specific examles of policies and programs that support new and existing small businesses? What additional policy considerations can support the development of entrepreneurial skils among young people?
e part oy hand written