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

question 123

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.If these are the only relevant costs to consider,the opportunity cost of going to summer school is:​

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

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Definitions:

Twenty-Fifth Amendment

An amendment to the U.S. Constitution that provides procedures for dealing with presidential disability and succession.

Presidential Vacancies

Situations where the office of the President becomes temporarily unoccupied due to death, resignation, or removal.

Inherent Powers

Powers that are not explicitly stated in the Constitution but are deemed necessary for the federal government to effectively fulfill its duties.

Terrorist Attacks

Violent acts committed by individuals or groups with the intent to spread fear and achieve political, religious, or ideological goals.