You plan to go to school this summer. If you do, you won't be able to take your usual summer job that pays $4 comma 000 for the summer. The cost of tuition is $3 comma 000 and textbooks cost $300. You live with your family, which covers your living expenses of $1 comma 600. What is your opportunity cost of going to school this summer?

Opportunity cost = $7,300

Explanation:

Given:

Summer job pay = $4,000

The cost of tuition fee = $3,000

Textbooks cost =- $300

Opportunity cost = ?

Computation of opportunity cost of going to school:

Opportunity cost = Summer job pay + The cost of tuition fee + Textbooks cost

Opportunity cost = $4,000 + $3,000 + $300

Opportunity cost = $7,300

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

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answer; drop shippers;