Andy has decided to take a class at the local community college and April is helping him look through the catalog. Ron encourages him to take a course in a new subject and broaden his horizons, but April thinks he should take an easy class to get an A.
See more: education, effort minimization, human capital, incentives, labor, signalling, skill building
Andy is ready to register for his first college course, but is shocked by the cost of one class. He then decides to pick up a second job before Ron offers to pay for his class.
See more: cost of college, education, human capital