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If Michelle Used $1000 from Her Savings Account, Which Was

Question 71

Multiple Choice

If Michelle used $1000 from her savings account, which was paying 6 percent interest annually, to invest in her brother's new sporting- goods store, the opportunity cost of her investment on an annual basis would be


A) her share of the store's profits.
B) $60.
C) $1060.
D) $1000.
E) the dividend paid to her by her brother.

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