Arlene quits her​ $125,000-a-year job to take care of her ailing parents. What is the opportunity cost of her​ decision?   A. the value she attributes to the satisfaction she receives from taking care of her parents   B. ​zero, since she will no longer be earning a salary   C. It depends on the​ "going rate" for​ home-care providers.   D. at least​ $125,000

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter2: Scarcity And Opportunity Costs
Section: Chapter Questions
Problem 14E
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Arlene quits her​ $125,000-a-year job to take care of her ailing parents. What is the opportunity cost of her​ decision?
 
A.
the value she attributes to the satisfaction she receives from taking care of her parents
 
B.
​zero, since she will no longer be earning a salary
 
C.
It depends on the​ "going rate" for​ home-care providers.
 
D.
at least​ $125,000
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