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URGENT!!!! 10 MINS You have an apartment which is currently rented out to tenants. After reading many successful stories about Airbnb, you intend to clear
URGENT!!!! 10 MINS
You have an apartment which is currently rented out to tenants. After reading many successful stories about Airbnb, you intend to clear the apartment and put it up on Airbnb instead. What is your opportunity cost?
Select one:
A. the charges you have to pay to Airbnb
B. none of these
C. the rental income you receive through Airbnb
D. the future rental payments that would have been paid by the existing tenants
E. the council fee and water charges
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