Scenario 13-13 Christine Is an Artist Who Creates Custom Cookie Jars. Her

question 30

Multiple Choice

Scenario 13-13
Christine is an artist who creates custom cookie jars. Her annual revenue from selling the cookie jars is $90,000. The annual explicit costs of the materials used to make the cookie jars are $54,000.
-Refer to Scenario 13-13. Christine used $5,000 from her personal savings account to buy pottery tools for her business. The savings account paid 1% annual interest. What is Christine's annual opportunity cost of the financial capital that she invested in her business?

• A)$5
• B)$50
• C)$100
• D)$200

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Definitions:

Courteous Close

A polite and respectful conclusion to a communication, often used in formal letters or emails.

Expression Of Appreciation

A verbal or written acknowledgment of gratitude towards someone or something.

Routine Request

A standard or common inquiry or petition, often made in a business or professional context, requesting information, services, or actions.

Closing Section

Closing section refers to the final part of a document, presentation, or communication, summarizing key points or providing a conclusion.