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Homework answers / question archive / 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 $7,000 for the summer
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 $7,000 for the summer. Your tuition cost is $3,000 and books and course supplies $1,500. In terms of dollars, the opportunity cost of attending summer school is:
a) $7,000
b) $11,500
c) $4,500
d) $10,000
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