If a Business Owner Is Using the Extra Space at Home

question 87

Essay

If a business owner is using the extra space at home for his business, does it imply a zero opportunity cost for the space?

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Definitions:

Juneteenth

An annual holiday commemorating the June 19, 1865, announcement of the abolition of slavery in Texas, and more broadly the emancipation of enslaved African Americans throughout the Confederate South.

Ku Klux Klan

A white supremacist hate group in the United States known for its racist, anti-immigrant, anti-Catholic, and anti-Semitic beliefs and acts of violence.

Department of Justice

A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.

Cruikshank V. U.S.

Cruikshank v. U.S. (1876) was a landmark U.S. Supreme Court decision that limited the federal government's ability to intervene in cases of racial violence, weakening the enforcement of civil rights for African Americans.