Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant. What is the opportunity cost of something? What you pay for it The cost to produce it O The time it takes to do something What must be given up to acquire it Your aunt's opportunity cost of running a hardware store for a year is Suppose your aunt thought she could sell $510,000 worth of merchandise in a year. Your aunt open the store