Question

Susan is trying to decide whether or not to attend college during the next 12 week...

Susan is trying to decide whether or not to attend college during the next 12 week session. She has the following options:

1. Attend college full time at a cost of 1200

2. College part time at a cost of $600 and work part time earning 1900

3. Work full time earning 4900

What is Susan's incremental profit if she chooses option 3 over option 2?

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Answer #1

Solution:-

Earnings in Option 2 = Part Time Earning - Part Time College Fees

                                  = 1900 – 600

                                  = 1300

Earnings in Option 3 = Full Time Earning = $4900

Incremental Profit of Option 3 over Option 2 = $4900 - $1300 = $3600

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