Business

Mylee

16 January, 01:31

Lauren is the owner of a bakery that earns 0 (zero) economic profit. last year, her total revenue was $145,000, her rent was $12,000, her labor costs were $65,000, and her overhead expenses were $15,000. from this information, we know that her total implicit costs were:

+3

Answers (1)

Know the Answer?

Not Sure About the Answer?

Get an answer to your question ✅ “Lauren is the owner of a bakery that earns 0 (zero) economic profit. last year, her total revenue was $145,000, her rent was $12,000, her ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.

Search for Other Answers

You Might be Interested in

What effect does a rise in the cost of machinery or raw materials have on the cost of a good?

The value of a business owner's time is an example ofa. an opportunity cost. b. a fixed cost. c. an explicit cost. d. total revenue.

What do some of hansberry's word choices in describing the setting tell us about the family?

In addition to the $10 per meal pricing, there is an "all-you-care-to-eat" deal. what is the most that you would be willing to pay for a meal plan that allows you to eat unlimited meals during a weekend at no cost for each meal? explain

Define cultural intelligence How important is it terms of doing business globulty

New Questions in Business

Assume the total cost of a college education will be $345,000 when your child enters college in 18 years. You presently have $73,000 to invest.

Who among the following is a manager with good time-management skills? a. Jim, who completes tasks mostly through his own efforts to ensure consistency b. Lee, who performs at least five activities at a time to increase productivity c.

Joseph ray just received an inheritance of $35,775 from his great aunt. he plans to invest the funds for retirement. if joseph can earn 4.

The three types of manufacturing costs in a job order costing system include

acuBlade Castings Inc. casts blades for turbine engines. Within the Casting Department, alloy is first melted in a crucible, then poured into molds to produce the castings.