Business, 21.05.2021 03:30 shongmadi77
In a week the manager owner of manufacturing firm spends $1000 on raw materials $500 on utilities $750 hiring tools and $400 on rent .The manager owner earned $1000 per week before quitting her job to start the manufacturing enterprice. a. calculate the explicit cost of the firm. b.implicit cost of the firm. c.what will be the normal profit of the firm.
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