Jim Left His Previous Job as a Sales Manager and Started

question 67

Multiple Choice

Jim left his previous job as a sales manager and started his own sales consulting business. He previously earned $70,000 per year, but he now pays himself $25,000 per year while he is building the new business. What is the economic cost of the time he contributes to the new business?

• A) $25,000 per year
• B) Zero
• C) $70,000 per year
• D) $45,000 per year

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Definitions:

Absorption

The process by which one thing absorbs or is absorbed by another, especially in reference to substances.

Passionate Love

A type of love characterized by intense emotions, sexual attraction, and a desire for physical closeness.

Sexual Infatuation

An intense, but short-lived passion or admiration for someone, often mistaken for love.

Communal Love

The affection and emotional connection shared within a community or group that emphasizes mutual care and support.