question archive Sarah earns $41 000 per year working for a large corporation
Sarah earns $41 000 per year working for a large corporation
Subject:EconomicsPrice:9.82 Bought3
Sarah earns $41 000 per year working for a large corporation. She is thinking of quitting
this job to work full time in her own business. She will invest her savings of $55 000 (which currently has an
annual 3% rate of return) into the business. Her annual opportunity cost of this new business is
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