Business
Business, 11.11.2019 23:31, annalovessyuhh7037

Bev is opening her own court-reporting business. she financed the business by withdrawing money from her personal savings account. when she closed the account, the bank representative mentioned that she would have earned $300 in interest next year. if bev hadn't opened her own business, she would have earned a salary of $25,000. in her first year, bev's revenues were $30,000. which of the following statements is correct?
a. bev's total explicit costs are $25,300.
b. bev's accounting profits exceed her economic profits by $300.
c. bev's total implicit costs are $300.
d. bev's economic profit is $4,700.

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