Business, 13.11.2019 01:31 manlycool7543
Ramona owns a small coffee shop, where she works full-time. her total revenue last year was $100,000, and her rent was $3,000 per month. she pays her one employee $2,000 per month, and the cost of ingredients and overhead averages $500 per month. ramona could earn $35,000 per year as the manager of a competing coffee shop nearby. her total implicit costs last year were
a. $60,000.
b. $35,000.
c. $72,000.
Answers: 3
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Ramona owns a small coffee shop, where she works full-time. her total revenue last year was $100,000...
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