- Samuel owns his own taxi, and he bought a $12,000 permit to operate it two years ago. He earns $36,000 a year operating as an independent driver, but has the opportunity to take a position as dispatcher for Driving Force Taxi Co. If he accepts the new position, he can sell his taxi and permit for $43,800 and collect a salary of $33,000 a year for a 48-hour week. Driving his own taxi, he works approximately 66 hours per week. If he sells his business, he will invest the $43,800 and can earn a 12 percent return. Required Determine the opportunity cost of owning and operating the independent business. - Based solely on financial considerations, should Samuel sell the taxi and accept the position as dispatcher? - Discuss the qualitative as well as quantitative factors that Samuel should consider