Business, 24.03.2020 20:15 satwikap3304
As a server you earn $60000 per year, including tips. Someone offers you a new job as an economic consultant, which pays $100,000 per year. To be a consultant, you’ll need to rent an office, purchase supplies, and buy new computer equipment. Which of the following can we conclude? Choose one:A. If the explicit cost for the consulting job is $20,000 per year, your accounting profit is equal to $20000.B. If the explicit cost for the consulting job is $25,000 per year, your economic profit is equal to $15000.C. If the explicit cost for the consulting job is $20,000 per year, your economic profit is equal to $80,000.D. If the explicit cost for the consulting job is $30,000 per year, your accounting profit is equal to $10000.
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As a server you earn $60000 per year, including tips. Someone offers you a new job as an economic co...
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