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Question 7 3 pts The opportunity cost of attending college for one year is best measured by the: O new knowledge gained from attending college.

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Question 7 3 pts The opportunity cost of attending college for one year is best measured by the: O new knowledge gained from attending college. O tuition and books for the school year. O value of what they would have done as an alternative to attending college (working, traveling, etc.). O total expenses associated with attending college including housing and food. Question 8 3 pts Which of the following is not a factor of production: O Natural resources O Money O Labor O Capital

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