01-20-2018, 08:53 PM
by definition opportunity cost is "the loss of potential gain from other alternatives when one alternative is chosen." so looking at the options we know that there is only one alternative to the car business and that would be income earned from another occupation. The mutual fund would be supplemental income so it's not an alternative, the others are easy to eliminate because they're just living costs. so A would be the right answer because by starting the car business you give up earnings from a different occupation.
I'm not an expert, but I hoped this helps!
I'm not an expert, but I hoped this helps!