Molly Has the Following Information to Evaluate-Her Current Salary of $57,000

question 100

Multiple Choice

Molly has the following information to evaluate-her current salary of $57,000 versus total revenues of $62,000 and expenses of $47,000 from starting a new business.How much is the opportunity cost associated with starting the new business?

• A)$62,000
• B)$15,000
• C)$57,000
• D)$47,000

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Definitions:

Advocacy

The act of supporting or arguing in favor of a cause, policy, or group of people, often to effect change or provide assistance.

Barrier

An obstacle that prevents movement or access.

Bone Matrix

The non-cellular, structural component of bone, consisting of collagen fibers and ground substance that house bone cells.

Collagen Fibers

Strong, fibrous proteins found in connective tissue, including skin, tendons, and ligaments, providing strength and elasticity.