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Author Question: Jake sells Star Wars memorabilia on eBay. His annual revenue is $42,000 per year, the explicit costs ... (Read 116 times)

HudsonKB16

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Jake sells Star Wars memorabilia on eBay. His annual revenue is $42,000 per year, the explicit costs of his business are $10,000, and the opportunity costs of his business are $18,000 per year. What are the implicit costs of his business?


$8,000


$18,000


$24,000


$32,000



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Marked as best answer by HudsonKB16 on Oct 7, 2019

diana chang

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