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Papessa [141]
3 years ago
12

Zelda is a recent fashion graduate. She started her own apparel store with an investment of$300,000. In the first year she made

a profit of $60,000. If she had taken up a job as a fashioneditor for a magazine, she would have earned $50,000 as salary per year. Also, she could haveinvested her capital, $300,000, in treasury bonds and earned an interest of $12,000.
Thus, theamount $62,000 ($50,000 + $12,000) would be Genevieve's:

a. social cost.

b. break-even price.

c. reservation price.

d. opportunity cost.
Business
2 answers:
GaryK [48]3 years ago
8 0

Answer:

d. opportunity cost.

Explanation:

Montano1993 [528]3 years ago
5 0

Answer:

D would be correct

Explanation:

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Estimate = $ 10.38 billion

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2 years ago
50 PTS!!!!!!!!!!!!
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Occasionally, _________________ may lead to pure monopoly; in other market conditions, they may limit competition ______________
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<h3>Do barriers to entry exist in a pure monopoly?</h3>

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