Marcus is considering which college major to choose. In taking a rational approach, Marcus should consider Group of answer choices minimizing the length of time it will take to complete the degree. the benefit each major would bring and the cost of the degree. Potential earnings only. solely the monetary cost of the college degree.

Question

Cade English

Business

13 March, 06:59

Marcus is considering which college major to choose. In taking a rational approach, Marcus should consider Group of answer choices minimizing the length of time it will take to complete the degree. the benefit each major would bring and the cost of the degree. Potential earnings only. solely the monetary cost of the college degree.

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Tori Gilbert · Answer 1

The benefit each major would bring and the cost of the degree.

Explanation:

Under a rational approach, Marcus should assess all the costs associated with the degree, including the monetary cost, the opportunity cost, and the economic cost (which is the sume of monetary cost and opportunity cost).

After that, he should assess all the possible benefits that choosing the major would bring to him. Because many of the benefits would be obtained in the future, Marcus would have to estimate as accurately as possible. For example, he could look for information about the average wage for the major.

Finally, Marcus must weigh the benefits and costs, and decided based on rational analysis.