The following is cost information for the Creamy Crisp Donut Company:Entrepreneur’s potential earnings as a salaried worker = $50,000Annual lease on building = $22,000Annual revenue from operations = $380,000Payments to workers = $120,000Utilities (electricity, water, disposal) costs = $8,000Value of entrepreneur’s talent in the next best entrepreneurial activity = $80,000Entrepreneur’s forgone interest on personal funds used to finance the business = $6,000Refer to the data. Creamy Crisp’s explicit costs are:.

Explicit costs is $150,000

Explanation:

The task is to compute total explicit costs in the year which is also the accounting profits:

Annual lease on building   $22,000

Payment to workers           $120,000

Utilities                                 $8000

Total explicit costs              $150,000

The following costs are not included because they are implicit costs:

Entrepreneur's potential earnings as a salaried worker $50,000

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

Implicit costs are cash from an opportunity cost perspective,which are the benefits forgone because the entrepreneur chose to run a business rather than engage in something else.

answer: b) the us is the leading importer but not the leading exporter.

extra info:

the u.s is the largest importer but it is not the largest exporter as china sits on the top of the table when it comes to leading exporters.

but u.s is not far from first,

they rank in 2nd globally as the worlds largest exporter.

happy to

pls mark as brainliest

answer///schedule;