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When you decided to start your consulting company, you were previously earning $ 50,000/year working for...

When you decided to start your consulting company, you were previously earning $ 50,000/year working for the large private consulting company Accenture. When you started the business it cost $ 100,000 to rent an office building, purchase computers, furniture and other office equipment. What was your opportunity cost of opening your own consulting company?
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Answer #1

my opportunity cost is $50,000 which is the amount I let go to open my own business.

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