The accessory designer is required to actually design accessories with their knowledge of fadhion, while the sales representative only needs the ability to sell the accessory.
Yes because everybody will want so and so car so the price will rise
Answer: $50,000
Explanation:
Given the following ;
Total Revenue = $500,000
Labor cost = $200,000
Economic Depreciation = $50,000
Normal profit = $75,000
Interest paid to bank = $25,000
Other cost of production = $100,000
Economic profit = (Total revenue - labor cost - economic Depreciation - normal profit - interest paid to bank - other production cost))
Economic profit =$ (500,000 - 200,000 - 50,000 - 75,000 - 25,000 - 100,000)
Economic profit = $50,000
