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3 years ago

6

Oscar is thinking of quitting his job and buying a business. He thinks he will earn $100,000 in the first year. He currently wor

ks for a firm and earns a salary of $50,000 / year.
What is Oscar's opportunity cost for buying the business?

1 answer:

zepelin [54]3 years ago

7 0

Oscars opportunity cost for buying the business is 50,000

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Jan. 2, 2020:

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Cost of goods sold $480,000 Inventory $480,000

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