Victor is 18 years old and is trying to decide whether or not to attend NC State University this year. Other things being equal, which of the following will increase the opportunity cost of attending NCSU for Victor?
A. A decrease in the tuition charged by NCSU
B. A recession that decreases job opportunities and wages for non-college educated workers
C. An offer of a contract to play professional soccer which guarantees Victor an annual income of $100,000 per year to play if he accepts.
D. An increase in the starting salaries of college graduates
Answer: C
Microeconomics
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