Question: Recall that: Opportunity Cost = Explicit Cost + Implicit Cost. Now, answer the following: Your choice for the summer is to either work at home

Recall that: Opportunity Cost = Explicit Cost + Implicit Cost. Now, answer the following: Your choice for the summer is to either work at home for 4 weeks and get $100 per week or to go to Florida with your friends and enjoy the beach. If you decide to go to Florida, your total expenses with travel, accommodations and miscellaneous is $700. What is the opportunity cost of spending summer in Florida? Show your work

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