Jessica simpson has decided to open a small fast food place that specializes in buffalo wings. to do so she must resign from her current full time position which pays her $40,000/year and take over a small store-front building which she already owns but currently rents to her brother, homer, for $6,000/year. her annual expenses at the restaurant will be $50,000 for the food and $2,000 for gas and electricity. what are her implicit costs? $40,000 46,000 $50,000 $52,000 $98,000

After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.