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Despite paying high tuition for attending college this year, Mike skips today's classes because he decides to go on a hiking trip with his friends.
Despite paying high tuition for attending college this year, Mike skips today's classes because he decides to go on a hiking trip with his friends. Assuming Mike is rational, we can deduce that Group of answer choices he must judge the marginal benefit of the trip to be higher than the marginal cost of skipping today's classes. he must judge the marginal benefit of attending today's classes to be higher than the marginal cost of forgoing the trip. he must judge the total cost of his education to be lower than the marginal cost of forgoing the trip. he must judge the average cost of school to be higher than the total benefit of the hiking trip
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