(Solved):Mary Thanes, a college student is contemplating the following options for her 3-month summer…

 

Question

Mary Thanes, a college student is contemplating the following options for her 3-month summer break:

(1) Take a summer course which will cost $700 and work half-time making $1,000 per month.

(2) Work full time at the local dinner making $2,000 per month.

(3) Take the summer class at a cost of $700 and not work during the summer.

Mary’s incremental profit or loss if she chooses option 1 over option 2 would be:

A)

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