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Table 8.1 -Refer to Table 8.1.Suppose Mr.B Withdrew $50,000 from His Account

Question 60

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   Table 8.1 -Refer to Table 8.1.Suppose Mr.B withdrew $50,000 from his account that earned 10% to invest into this business.He quit his full-time job that paid $40,000 to manage this business.Mr.B's implicit cost equals A)  $100,000. B)  $90,000. C)  $50,000. D)  $45,000.
Table 8.1
-Refer to Table 8.1.Suppose Mr.B withdrew $50,000 from his account that earned 10% to invest into this business.He quit his full-time job that paid $40,000 to manage this business.Mr.B's implicit cost equals


A) $100,000.
B) $90,000.
C) $50,000.
D) $45,000.

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