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apadong apadong
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6 years ago
You own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the building in each use is $2,000; $3,000; $4,000; and $5,000, respectively. You decide to open a hardware store. The opportunity cost of using this building for a hardware store is
A) $3,000, the value if the building is used as a craft store.
B) $2,000, the value if the building is used as a cafe.
C) $1,000, the difference in value if the building was used as a bookstore and its actual use.
D) $10,000, the sum of the values if the building is used for a cafe, a craft store, or a
bookstore.
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DeToXiFYDeToXiFY
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4 years ago
thank you
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3 years ago
Thank you
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