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Other Fields Homework Help Economics Topic started by: Laurent on Dec 28, 2017



Title: Tina wants to be a rock 'n' roll singer. She cashes in all of her bank accounts that were paying ...
Post by: Laurent on Dec 28, 2017
Tina wants to be a rock 'n' roll singer. She cashes in all of her bank accounts that were paying her 5% interest. She takes this $2,000 and spends it to produce a CD. Tina did not quit her day job at Roots. After one year her CD sales had earned $800 in economic profits. Tina's accounting profits are
A) - $1,200.
B) $800.
C) $900.
D) - $800.
E) $700.


Title: Re: Tina wants to be a rock 'n' roll singer. She cashes in all of her bank accounts that were ...
Post by: martrek on Dec 28, 2017
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