Business
Business, 03.08.2020 14:01, QueenNerdy889

Anne Teek works full time as the manager of her used furniture store in which she has invested $40,000. Last year, her total revenues were $90,000 and her costs were $60,000 for merchandise, gas, electricity, and other explicit-cost items. Ms. Teek pays herself a "competitive" salary of $30,000 per year. An economist would consider her profits for the year to be

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Anne Teek works full time as the manager of her used furniture store in which she has invested $40,0...

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