What will be the opportunity cost of a dentist currently working for his employer deciding to...
What will be the opportunity cost of a dentist currently working for his employer deciding to open his own dentistry? His current annual salary is $150,000. The building will cost him $700,000 and the dentistry (including the equipment) will cost him $800,000.
Homework Answers
The opportunity cost of a dentist currently working deciding to open his own dentistry is the outcome that he is losing by opening his own dentistry i.e his current annual salary = $150,000.
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What will be the opportunity cost of a dentist currently working
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