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Quiz Quiz2Fal 18-micro instructure.com/courses/13109/quizzes/87031/take/questions/1702336 and Movi Brownse - Featured Browse Featured DQuestion 8 1 pts Suppose you have a choice of working full-time during the summer or going to summer school full-time. Summer tuition and books cost $2,200. If you worked, you could earn $7,000. Your rent for the summer is $1,000 irrespective of your choice. If these are the only relevant costs to consider, the opportunity cost of going to summer school is: O $10,200 O $2,200. O $9,200. s7000. $3,000. : Previous Next > No new data to save. Last checked at 8:33pm Submit Quiz

Explanation / Answer

Answer is $ 9200. Explanation: Summer tution and Books cost 2200 Loss of revenue from working 7000 Opportunity cost of School 9200

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