Suppose You Have a Choice of Working Full-Time During the Summer

question 100

Multiple Choice

Suppose you have a choice of working full-time during the summer or going full-time to summer school.Summer tuition and books are $2, 200.If you worked, you could make $7, 000.Your rent is $1, 000 for the summer, regardless of your choice.The opportunity cost of going to summer school is, therefore,

• A)$2, 200
• B)$7, 000
• C)$8, 000
• D)$9, 200
• E)$10, 200

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