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vazorg [7]
3 years ago
13

g Mark quit his job as a salesman where he made $43,000 per year to start his own t-shirt making business. His business expenses

are $6,000 per year on rent, $12,000 per year on supplies, and $4,000 per year on part- time help. As for his personal expenses, his apartment costs him $4,800 per year and his personal bills are an extra $1,200 per year. What is Mark's opportunity cost of running the business
Business
1 answer:
SVEN [57.7K]3 years ago
7 0

Answer:

$43,000

Explanation:

Implicit cost or opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives

by starting his business, he forgoes the opportunity to earn 43k

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Answer:

The answer is B.

Explanation:

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I hope this answer helps.

7 0
3 years ago
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Dafna1 [17]
Darby's correct response is $0.045 per share.
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Answer:

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