Marcel is deciding whether he should start going to the gym. The membership fee is $500. He already has workout clothes that he paid $150 for. It will take him a lot of willpower to go to the gym, which he values at $600. His benefit from working out is $1200. Marcel will:
Group of answer choices
Not start going to the gym, because the benefits (1200) are less or equal than the costs (1250)
Start going to the gym, because the benefits (1350) are equal or larger than the costs (1100)
Start going to the gym, because the benefits (1200) are equal or larger than the costs (1100)
Start going to the gym, because the benefits (1250) are equal or greater than the costs (1200)