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Mathematics, 21.03.2021 05:00, toot3715
If you are charging $100 for skis and you sell 2,000 skis in a year. The explicit costs for the
ski business, including insurance, taxes and paying wages to employees, equals $300,000,
while the implicit cost of the ski business is the $200,000 job you had forgone being an
attorney for the state of Rhode Island. Based on these figures, what is happening here?
A) You are breaking even.
B) You are making a loss.
C) You are making a profit.
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Answers: 3
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If you are charging $100 for skis and you sell 2,000 skis in a year. The explicit costs for the
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