Question $7$

Sam just graduated with a B$.$S$.$ in Marketing and received the following job offers: Nike, $$50,000$; Armor Under, $$48,000$; Patagonia, $$45,000$; and Coors, $$62,000.$ If Sam takes the job offer from Patagonia, his opportunity cost is:

$$48,000$

$$50,000$

$$62\mathrm{.}000$

$$45,000$