Sue is considering leaving her current position to open a coffee shop.Sue's current salary is $83,000.Annual coffee shop revenue and costs are estimated at $260,000 and $210,000, respectively._____ is the opportunity cost of opening the coffee shop.
A)$83,000
B)$210,000
C)$343,000
D)$40,000

Question

Quizplus · Accepted Answer

The opportunity cost of opening the coffee shop is the salary Sue would be giving up by leaving her current position, which is $83,000.

Sue Is Considering Leaving Her Current Position to Open a Coffee