The following is cost information for the creamy crisp donut company:
entrepreneur's potentia...
Business, 19.10.2019 00:30 jenna34032
The following is cost information for the creamy crisp donut company:
entrepreneur's potential earnings as a salaried worker = $50,000
annual lease on building = $22,000
annual revenue from operations = $380,000
payments to workers = $120,000
utilities (electricity, water, disposal) costs = $8,000
value of entrepreneur's talent in the next best entrepreneurial activity = $80,000
entrepreneur's forgone interest on personal funds used to finance the business = $6,000
refer to the data. creamy crisp's total economic costs
(a) $186,000
(b) $286,000
(c) $386,000
(d) $460,000
Answers: 2
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