# Economics

Jim left his previous job as a sales manager and started his own sales consulting business. He previously earned \$70,000 per year, but he now pays himself \$25,000 per year while he is building the new business. What is the economic cost of the time he contributes to the new business?

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2. 👎 0
3. 👁 470
1. 45,000

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2. 👎 0
2. 4500

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2. 👎 0

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