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24 November, 05:17

Oscar is thinking of quitting his job and buying a business. He thinks he will earn $100,000 in the first year. He currently works for a firm and earns a salary of $50,000 / year.

What is Oscar's opportunity cost for buying the business?

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  1. 24 November, 05:20
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    Oscars opportunity cost for buying the business is 50,000
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