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Author Question: The table below provides the total revenues and costs for a small landscaping company in a recent ... (Read 24 times)

Austinleez3

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on: Oct 12, 2022
The table below provides the total revenues and costs for a small landscaping company in a recent year.

Total Revenues ($)250 000 
​​
Total Costs ($)​
- wages and salaries150 000
- risk-free return of 2% on owner's capital of $20 000400
- interest on bank loan1500
- cost of supplies27 000
- depreciation of capital equipment8000
- additional wages the owner could have earned in next
best alternative		30 000
- risk premium of 4% on owner's capital of $20 000800

TABLE 7-2

Refer to Table 7-2. The implicit costs for this firm are
◦ $31 200.
◦ $800.
◦ $30 400.
◦ $30 800.
◦ $400.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by Austinleez3 on Oct 12, 2022

SphnxKickin

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Reply #1 on: Oct 12, 2022
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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Austinleez3

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Reply 2 on: Oct 12, 2022
YES! Correct, THANKS for helping me on my review

cdmart10

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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