Exam (elaborations)
econ chapter 7 questions with verified solution 2023
- Course
- Institution
econ chapter 7Abdul operates his own business and pays himself a salary of $20,000 per year. He refused a job that pays $25,000 per year. What is the opportunity cost of Abdul's time in the business? - correct answer 25 000 If you borrow money from the bank to start up a business, the interest ...
[Show more]