Business, 14.07.2019 07:30, noah12345678
You start your own business on 1/1/2015. during the year 2015, your sales revenues are $200,000. you pay your assistant $50,000 and pay $20,000 for materials and utilities. you work in your own business, but in your next best alternative you could earn an annual labor income of $60,000. [you do not own any capital equipment or other resources. -- do not worry about depreciation or any costs associated with capital in this question.] your economic profit for 2015 is
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You start your own business on 1/1/2015. during the year 2015, your sales revenues are $200,000. you...