Sue is considering leaving her current position to open a coffee shop. Sue’s current annual salary is $83,000. Annual coffee shop revenue and costs are estimated at $260,000 and $210,000 respectively. What is Sue’s opportunity cost of staying at her current position?
Sue is considering leaving her current position to open a coffee shop. Sue’s current annual salary is $83,000.
Annual coffee shop revenue and costs are estimated at $260,000 and $210,000 respectively. What is Sue’s opportunity cost of staying at her current position?