My own house was an eyesore, but it was a small eyesore, and it had been overlooked, so I had a view of the
water, a partial view of my neighbor's lawn, and the consoling proximity of millionaires—all for eighty dollars
a month.

Across the courtesy bay the white palaces of fashionable East Egg glittered along the water, and the history
of the summer really begins on the evening I drove over there.

The contrast created between East Egg and West Egg suggests that

1. the main character feels comfortable in all social situations.

2. Nick will experience a series of financial pitfalls as the story unfolds.

3. the story's conflict will be based on wealth and appearances

4. the story will be presented from a number of differing perspectives.

The correct answer is C. The story's conflict will be based on wealth and appearances

Explanation:

The excerpt focuses on describing the setting, especially the contrast between the East Egg and the West Egg. This can be seen in details such as "My own house was an eyesore" that shows the narrator is likely at the West Egg which has non-luxurious houses, or in "the white palaces of fashionable East Egg glittered along the water" that shows the extravagance of the East Egg.

This important contrast between the East Egg and the West Egg suggests the story will likely focus on the conflict between these two places especially a conflict related to wealth or appearances in the East Egg as the narrator mentions "and the history  of the summer really begins on the evening I drove over there", which confirms the focus is the East Egg and its features.