Business and finance: What is Susan’s incremental profit if she chooses option 3 over option 2?
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 $1,200.
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2. Attend college part-time at a cost of $500 and work part-time earning $1,500.
3. Work full-time earning $4,600.
What is Susan’s incremental profit if she chooses option 3 over option 2?