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Consider the following decision: whether to go to college . Suppose that there is a decrease in tuitions. In terms of the net benefit equation,
Consider the following decision: whether to go to college. Suppose that there is a decrease in tuitions. In terms of the net benefit equation, how is the choice of whether to go to college affected?
Group of answer choices
The benefit of going to college increases
The explicit cost of going to college increases
The opportunity cost of going to college decreases
The explicit cost of going to college decreases
There is no effect on this decision
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