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Suppose that you have a choice of working during the summer or taking summer classes. Summer tuition and books are $2,000. If you work, you
Suppose that you have a choice of working during the summer or
taking summer classes. Summer tuition and books are $2,000. If
you work, you could make $8,000. Your rent is $4,000 for the
summer, regardless of your choice. The opportunity cost of going
to summer school is therefore equal to..... explain please.
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