Arlene quits her $125,000-a-year job to take care of her ailing parents. What is the opportunity cost of her decision?

A) zero, since she will no longer be earning a salary
B) It depends on the "going rate" for home-care providers.
C) at least $125,000
D) the value she attributes to the satisfaction she receives from taking care of her parents

Answer: C

Economics

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