Recall the Application about the time and invested funds that are involved in starting a decorative
bottle-cap pin business to answer the following question(s).
-The current income Betty would sacrifice to start her own decorative bottle-cap pin business reflects the
A)opportunity cost of invested funds.
B)opportunity cost of her starting a business.
C)cost of doing business.
D)present value of her initial investment.

Question

Quizplus · Accepted Answer

The current income Betty would sacrifice represents the opportunity cost of her starting a business, as it is the income she foregoes by choosing to start the business instead of continuing her current job.

Recall the Application About the Time and Invested Funds That