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Business, 07.05.2020 07:57 btcastongia

Suppose a person quits a job earning $45 comma 000 per year and starts a business with $175 comma 000 withdrawn from a money-market account earning 12 percent per year. The implicit cost of the business is for the entrepreneur’s time plus for the entrepreneur’s funds.

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Suppose a person quits a job earning $45 comma 000 per year and starts a business with $175 comma 00...

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