Solution-Karen opportunity cost of running the business

Karen opportunity cost of running the business

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Reference no: EM131381486

Karen quit her job as a blackjack dealer where she made $42,000 per year to start her own florist business. Her business expenses are $14,000 per year on rent, $21,000 per year on supplies, and $9,000 per year on part time help. As for her personal expenses, her apartment costs her $12,000 per year and her personal bills are an extra $6,000 per year. What is Karen's opportunity cost of running the business.

A) $104,000
B) $86,000
C) $62,000
D) $44,000

Reference no: EM131381486

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Karen opportunity cost of running the business

Reference no: EM131381486

Reference no: EM131381486

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