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Sublight2097 Sublight2097
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8 years ago
If a professor gives up her job to open a shoe store, which of the following costs would an accountant tend to ignore?
A) The $1,500 per month lease for the shoe store.
B) The $150 per month electricity bill.
C) The $4,000 per month of income forgone by not being employed as a professor.
D) The $200 business license, which, of course, is a sunk cost.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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SmooothSmoooth
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#1
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8 years ago
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Sublight2097 Author
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#2
8 years ago
My mind was going in all different directions trying to figure this one out. Thanks so much.
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#3
8 years ago
My pleasure Happy Dummy
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