Your aunt is thinking about opening a hardware store. She estimates that it would cost $600,000 per year to rent the location and buy the stock. In addition, she would have to quit her $55,000 per year job as an accountant.1. What is the opportunity cost of something?
A. The time it takes to do something
B. What must be given up to acquire it
C. Cost to produce it
D. What you pay
2. Your aunt’s opportunity cost of running a hardware store for a year is
Suppose your aunt thought she could sell $510,000 worth of merchandise in a year.
3. True or False: Your aunt should open the store.

Jaden has a degree in marketing. she would like to run her department. she is going back to school to get a degree in: a. web designer b. database administrator c. information security d. computer user support

The hypothetical country of eurica is experiencing severe competition to its domestic auto industry in the form of foreign imports. many jobs are threatened. eurica places a 25 percent tariff on the price of imported cars. this type of tariff is known as a(n) tariff.

World systems manufactures an optical switch that it uses in its final product. world systems incurred the following manufacturing costs when it produced 74 comma 000 units last​ year: ​(click the icon to view the manufacturing​ costs.) another company has offered to sell world systems the switch for $ 13.50 per unit. the world systems prepared an outsourcing decision analysis to show the cost per unit of making the switches versus the cost per unit of buying​ (outsourcing) the switches. ​(click the icon to view the outsourcing decision​ analysis.) world systems needs 86 comma 000 optical switches next year​ (assume same relevant​ range). by outsourcing​ them, world systems can use its idle facilities to manufacture another product that will contribute $ 140 comma 000 to operating​ income, but none of the fixed costs will be avoidable. should world systems make or buy the​ switches? show your analysis.