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Home Q & A Board Other Fields Homework Help Business Economics
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thanhha78 thanhha78
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7 years ago
Joe runs a restaurant. He pays his employees $200,000 per year. His ingredients cost him $50,000 per year. Prior to running his restaurant, Joe was a lawyer earning $150,000 per year. What would economists say is Joe's cost of running the restaurant?
A) $150,000
B) $200,000
C) $250,000
D) $400,000
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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7 years ago
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thanhha78 Author
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#2
6 years ago
can't thank you enough for this, appreciate it a lot
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