The house that jeanne inherited from her mother can rent for $1500/month, but jeanne decides to allow her brother to stay there for only $500 per month. this decision carried with it a

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Johnny

Business

19 March, 19:13

The house that jeanne inherited from her mother can rent for $1500/month, but jeanne decides to allow her brother to stay there for only $500 per month. this decision carried with it a

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Caitlyn · Answer 1

The answer to the question above is "$500 per month monetary cost but a $1500 per month opportunity cost" based on the situation shown in the question above. The monetary cost is the certain amount which Jeanne will receive. The opportunity cost is the return which Jeanne could receive if she did not rent the house to his brother.