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Tmerritt Tmerritt
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3 years ago
Manisha could work for another firm making $10,000 per month, but she decides to open her own gourmet cheese store and pay herself $2,000 per month. In her first month of operations, she spends $6,000 on cheese, $1,000 on other items, and $2,500 on rent. She had a great opening month and brought in revenues of $14,500. What are Manisha's economic profits?

▸ $3,000

▸ $4,000

▸ -$5,000

▸ -$6,000
Textbook 
Managerial Economics and Strategy

Managerial Economics and Strategy


Edition: 3rd
Authors:
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AugustdorAugustdor
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3 years ago
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