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you own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the building

you own a building that has four possible uses: a cafe, a craft store, a hardware store, and a bookstore. The value of the

building in each use is $2,000; $3,000; $4,000; and $5,000, respectively. You decide to open a hardware store. The

opportunity cost of using this building for a hardware store is

A)

$5,000, the value if you rented the building to someone else to use as a bookstore.

B)

$2,000, the value if the building is used as a cafe.

C)

$10,000, the sum of the values if the building is used for a cafe, a craft store, or a bookstore.

D)

$3,000, the value if the building is used as a craft store.

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