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Author Question: Jennifer owns a pig farm near Salina, Kansas. Last year she earned $39,000 in total revenue while ... (Read 26 times)

burton19126

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on: May 24, 2019
Jennifer owns a pig farm near Salina, Kansas. Last year she earned $39,000 in total revenue while incurring $38,000 in explicit costs. She could have earned $27,000 as a teacher in Salina. These are all her revenue and costs. Therefore Jennifer earned an
◦ accounting profit of $1,000 but incurred an economic loss of $26,000.
◦ accounting profit of $1,000 but incurred an economic loss of $65,000.
◦ accounting profit of $1,000 but incurred an economic loss of $38,000.
◦ economic profit of $1,000.
◦ None of these answers is correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by burton19126 on May 24, 2019

ngr69

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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burton19126

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

emsimon14

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Reply 3 on: Yesterday
Excellent

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