Jacinda quit her job as a blackjack dealer where she made $42,000 per year to start her own florist business. her business expenses are $14,000 per year on rent, $21,000 per year on supplies, and $9,000 per year on part time . as for her personal expenses, her apartment costs her $12,000 per year and her personal bills are an extra $6,000 per year. what is jacinda's opportunity cost of running the business?

Opportunity costs = 42,000 + 14,000 + 21,000 + 9,000 = $86,000

Explanation:

Opportunity cost is the cost of doing the next alternative.

In this case the opportunity cost would be the profits she has forgone and the costs she incurred to run the florist shop. Personal expenses are not included as we assume apartment and bill costs would be payable regardless of any decision.

Opportunity Costs = Next alternative + Costs of being a florist

Opportunity costs = 42,000 + 14,000 + 21,000 + 9,000 = $86,000

If Jacinda were making profits, we would subtract them from the salary that she could have earned.

Hope that helps.

the u.s. census bureau produces data on the population and economy nationwide. it can you to analyze the kind of people living in your neighborhood. it does not show you the market of people willing to buy your product or an existing market for your product. that will require more market research. the census bureau only gives you an insight to the demographics in your area.

i would say iii (3) because in order to compare a price you have to use as a reference other near stores because it's its

hope i explained myself