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

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