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7. Sue quit her high-pressure accounting job to open a store that sells sea shells by the sea shore. She earned $75,000 a year as
7. Sue quit her high-pressure accounting job to open a store that sells sea shells by the sea shore. She earned $75,000 a year as an accountant. Now she pays herself only $15,000 a year. The implicit cost of Sue's time selling sea shells this year is
A) $75,000.
B) $60,000.
C) $15,000.
D) $90,000.
E) $50,000.
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