Question: Course: Introduction to Economics - Basic Concepts Suppose that before making the decision to pursue a college degree, you made a comparison of your expected
Course: Introduction to Economics - Basic Concepts Suppose that before making the decision to pursue a college degree, you made a comparison of your expected benefits of becoming educated (denoted B) and your costs (denoted C). At that point, you concluded that B > C (narrowly) and therefore enrolled. Halfway through your degree, you realized that your calculated benefits are overestimated and are actually about 2/3 (two-thirds) of what you originally calculated. Should you then continue studying or drop out? Justify your answer
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