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:

Semantics

The study of meaning in language, including the meanings of words, phrases, and sentences.

Syntax

The set of rules, principles, and processes that govern the structure of sentences in a given language, especially the arrangement of words and phrases.

Telegraphic Speech

Early speech phase in children where sentences are formed with essential words only, mimicking the succinctness of telegraph messages.

Availability Heuristic

A brainy shortcut grounded on the instant instances that strike a person's mind upon reflecting on a specific subject, notion, methodology, or judgement.