Mika Borrows $100,000 to Start Up Her Own Beauty Shop

question 99

Multiple Choice

Mika borrows $100,000 to start up her own beauty shop.She pays 5 percent interest on her loan.In order to account for all costs of her business,Mika must not forget:

• A) the implicit cost of $100,000.
• B) the implicit cost of $5,000.
• C) the explicit cost of $105,000.
• D) the explicit cost of $5,000.

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Definitions:

Dissociative Disorder

A psychological disorder marked by a disruption and inconsistency among one's thoughts, memories, environment, behaviors, and sense of self.

Dr. Jekyll

A character from Robert Louis Stevenson's novella, representing the good side of a person's dual nature.

Mr. Hyde

A fictional character from Robert Louis Stevenson's novella "Strange Case of Dr Jekyll and Mr Hyde," representing the evil side of Dr. Jekyll unleashed by a potion.

Antisocial Personality

A personality disorder characterized by a long-term pattern of disregard for, or violation of, the rights of others.