Mr. stevens owns a building in downtown bentonville. he has considered opening a sporting goods store in the building but has also been approached by someone who would like to rent the space to open a gym. if mr. stevens decides to open his sporting goods store, what is the opportunity cost of this decision?

Respuesta :

If Mr Stevens decides to open the sporting goods store his opportunity cost is the rent income from the agreement with the person who would like to open a gym. He looses out on a steady rental income.

Answer:

The opportunity to rent it to another tenant.

Explanation:

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