Suppose a family-owned yogurt shop has $80,000 in total revenues, $36,000 in rent, and $20,000 in additional operating costs. Th

Question

3 years ago

6

Suppose a family-owned yogurt shop has $80,000 in total revenues, $36,000 in rent, and $20,000 in additional operating costs. Th

e husband and wife work in the shop and pay no wages to themselves or others. The economic profits from the shop are:A. less than $24,000B. $24,000C. more than $24,000D. $80,000

Business

1 answer:

zzz [600] · Answer 1 · 2022-01-15T10:36:14+03:00

zzz [600]3 years ago

6 0

Answer:

A. Less than $24,000.