During the summer you have made the decision to attend summer school, which prevents you from working at your usual summer job in which you normally earn $6,000 for the summer. Your tuition cost is $3,000 and books and supplies cost $1,300

In terms of dollars, the opportunity cost of attending summer school is A) $10,300.
B) $6,000.
C) $4,300.
D) $3,300.

A

Economics

You might also like to view...

Explain how long-run economic profits are linked to entry in monopolistic competition and perfect competition

What will be an ideal response?

Economics

Taxation alters the behavior patterns of individuals

a. True b. False Indicate whether the statement is true or false

Economics