Question

Suppose you own a printing/graphics business that provides professional printing and marketing services and web design to your customers. What might be an example of an opportunity cost that your business might experience ?"

Answer 1

Starting the business will certainly have costs of its own, but it will also cost you the $50,000 you would have made had you stayed at your job. Opportunity Cost is the value you're giving up by making a Decision.

Answer 2

Answer:

$ 50000 you would have made