Last year Christine worked as a consultant. She hired an administrative assistant for $15,000 per year...
Last year Christine worked as a consultant. She hired an
administrative assistant for $15,000 per year and rented office
space (utilities included) for $3,000 per month. Her total revenue
for the year was $100,000. If Christine hadn't worked as a
consultant, she would have worked at a real estate firm earning
$40,000 a year.
Christine's opportunity cost of working as a consultant last year
was ______.
Select one:
a. $15,000
b. $51,000
c. $40,000
d. $36,000
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Last year Christine worked as a consultant. She hired an
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