Suppose You Have a Choice of Going Full-Time to Summer

Multiple Choice

Suppose you have a choice of going full-time to summer school or going to school full-time and working part-time.Summer tuition and books are $2, 200.If you worked part-time, you could make $1, 000.Your rent is $1, 000 for the summer, regardless of your choice.The opportunity cost of going to summer school full-time and not working is, therefore,

A) $1, 000
B) $2, 000
C) $3, 200
D) $4, 200
E) cannot be determined from information given