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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question
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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