Business, 18.01.2022 19:30 whiterm04

Question 8 Not yet
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Mickey Mouse is planning to open a Toyshop at Playground Street. Help him to calculate the different costs of
the shop. According to the expectations the wage of employees will be 250 dollars a year, the rental rate for a
year is 400. To deliver the toys they need a car for 1100 dollars and they are planning to use it for 5 years.
Mickey calculated that the Economic profit will be -50 dollars and the Accounting profit will be 350 dollar. Give
the answers in dollars and use "-"sing if it is needed.
Marked out of
7.00
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How much is the accounting cost?
How much is the economic cost?
How much is the normal profit?
How much is the total revenue?
How much is the explicit cost?

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