|
Title: A small business owner earns $50,000 in revenue annually. The explicit annual costs equal $30,000. ... Post by: pirex on Oct 18, 2017 A small business owner earns $50,000 in revenue annually. The explicit annual costs equal $30,000. The owner could work for someone else and earn $25,000 annually. The owner's business profit is ________ and the economic profit is ________.
A) $20,000, $5,000 B) $20,000, -$5,000 C) $25,000, -$5,000 D) $45,000, -$5,000 Title: Re: A small business owner earns $50,000 in revenue annually. The explicit annual costs equal ... Post by: Tyforumca on Oct 18, 2017 B
|