Question

What does the decision to start a business have in common with the decision to attend college? Beyond the explicit financial costs, what are the implicit opportunity costs that you need to account for when making each decision?

     What does the decision to start a business have in common with the decision to attend college? Beyond the explicit financial costs, what are the implicit opportunity costs that you need to account for when making each decision?
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Principles of Microeconomics
Principles of Microeconomics
Stevenson,… 1st Edition
Chapter 15, Problem 1 ↓

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Each decision also holds the potential for future returns: financial, personal growth, and career opportunities.  Show more…

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What does the decision to start a business have in common with the decision to attend college? Beyond the explicit financial costs, what are the implicit opportunity costs that you need to account for when making each decision?
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