A teacher is now paid $30000. She would be prepared to keep working in that teaching job if she were paid at least $25000. In addition, she would prefer to stay as a teacher rather than switch to her next best alternative occupation as an accountant, where she could earn $40000. Which statement is correct?
- AHer economic rent as a teacher is $5000.
- BHer economic rent as an accountant is $10000.
- CHer transfer earnings as a teacher are $30000.
- DHer transfer earnings as an accountant are $15000.