Business
Business, 31.12.2019 01:31, indexes06

Jill took $50,000 that she had in savings and started her own business. if left in investments she would have earned $5,000 this year. jill also left a job that paid her 60,000 a year and plans on paying herself $40,000. materials and other labor costs will be $70,000. the company is located in a building that jill owns. she could have rented the building out for $30,000 but plans on charging the company only the insurance and mortgage payment of $20,000. what do the accounting and economic costs? equal? a. accounting costs? = ? 160,000? ; economic costs? = $240,000b. accounting costs? = ? $130,000? ; economic costs? = ? $130,000c. accounting costs? = ? $60,000? ; economic costs? = ? $90,000d. accounting costs? = ? $130,000? ; economic costs? = ? $165,000e. accounting costs? = ? $110,000? ; economic costs? = ? $200,000assume that the supply of land is perfectly inelastic as shown in the diagram below. the demand for land has shifted from d1 to d2. what is the total value for economic rent after the change in? demand? a. p2b. p2 Γ£β€” q*.c. p1 Γ£β€” q*.d. p2 ? p1

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