Sue Is Considering Leaving Her Current Position to Open a Coffee

question 50

Multiple Choice

Sue is considering leaving her current position to open a coffee shop.Sue's current annual salary is $83,000.Annual coffee shop revenue and costs are estimated at $260,000 and $210,000,respectively.What is Sue's opportunity cost of staying at her current work position?

• A) $50,000
• B) $83,000
• C) $210,000
• D) $343,000

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Definitions:

Citric Acid Cycle

A series of chemical reactions used by all aerobic organisms to generate energy through the oxidation of acetate derived from carbohydrates, fats, and proteins.

Preparatory Reaction

A phase in cellular respiration where pyruvate from glycolysis is converted into acetyl-CoA, enabling the next steps in energy production.

Cellular Respiration

The metabolic process in which cells break down sugars to generate energy in the form of ATP, involving pathways like glycolysis and the Krebs cycle.

Carbon Dioxide

Originating from the combustion of carbonaceous materials and the process of respiration, this gas lacks color and smell. It is a naturally existing element of air that plants use in photosynthesis.