The owner of a small retail store does her own accounting work. how would you measure the opportunity cost of her work? the opportunity cost of the owner's accounting work is
a. the monetary amount that her time would have been worth in its next best use.
b. the difference between the monetary value of her time and the monetary amount that her time would have been worth in its next best use.
c. the difference between what she would have paid an accountant to do the work and the monetary value of her time.
d. the explicit cost of the work, which is zero since she does it herself.
e. the monetary amount that she would have paid an accountant to do the work.
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