Business
Business, 02.01.2020 22:31, gretchcampbell

Suppose that you own a house. what is the opportunity cost of living in the house?
a. there is no opportunity cost because you own the house.
b. there is no opportunity cost unless you could set up a business in the house.
c. the opportunity cost is the rent you could have received from a tenant if you didn't live there.
d. the opportunity cost is the eost of your monthly mortgage payment plus bills.

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Suppose that you own a house. what is the opportunity cost of living in the house?
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