Ed Van Zaig Is Considering Opening a Sushi Bar

Multiple Choice

Ed Van Zaig is considering opening a sushi bar. To do so, he would have to quit his current job, which pays $20,000 a year, and use a building that he owns and currentlyrents to his brother for $6,000 a year. His costs at the sushi bar would be $50,000 for food and $2,000 for gas and electricity. What are his implicit costs?

A) $26,000
B) $66,000
C) $78,000
D) $52,000
E) $72,000