Refer to Scenario 7.1 below to answer the question(s) that ...

[olgavictoria]

Refer to Scenario 7.1 below to answer the question(s) that follow. 

SCENARIO 7.1: You are the owner and only employee of a company that writes computer software that is used by gamblers to collect sports data. Last year you earned a total revenue of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business you invested an amount of your own capital that could pay you a return of $40,000 a year. 





Refer to Scenario 7.1. During the year your economic costs were

◦ $40,000.
◦ $60,000.
◦ $100,000.
◦ $130,000.

[l.stuut]

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[mia]

Refer to Scenario 7.1 below to answer the question(s) that follow. 

SCENARIO 7.1: You are the owner and only employee of a company that writes computer software that is used by gamblers to collect sports data. Last year you earned a total revenue of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business you invested an amount of your own capital that could pay you a return of $40,000 a year. 





Refer to Scenario 7.1. During the year your economic costs were

◦ $40,000.
◦ $60,000.
◦ $100,000.
◦ $130,000.

[leannegxo]

$100,000.

[mia]

Excellent

[leannegxo]

Great! Please up vote

[fasfsadfdsfa]

Refer to Scenario 7.1 below to answer the question(s) that follow. 

SCENARIO 7.1: You are the owner and only employee of a company that writes computer software that is used by gamblers to collect sports data. Last year you earned a total revenue of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business you invested an amount of your own capital that could pay you a return of $40,000 a year. 





Refer to Scenario 7.1. A yearly normal return for your computer software firm would be

◦ $20,000.
◦ $40,000.
◦ $60,000.
◦ $100,000.

[guyanai]

$40,000.

[cherise1989]

Refer to Scenario 7.1 below to answer the question(s) that follow. 

SCENARIO 7.1: You are the owner and only employee of a company that writes computer software that is used by gamblers to collect sports data. Last year you earned a total revenue of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business you invested an amount of your own capital that could pay you a return of $40,000 a year. 





Refer to Scenario 7.1. A yearly normal return for your computer software firm would be

◦ $20,000.
◦ $40,000.
◦ $60,000.
◦ $100,000.

[Awesome]

$40,000.