Refer to Scenario 7.2 below to answer the question(s) that ...

[B]

Excellent

[Edwyer]

Great! Please up vote

[rl]

Refer to Scenario 7.2 below to answer the question(s) that follow. 

SCENARIO 7.2: You are the owner and only employee of a company that sets odds for sporting events. Last year you earned a total revenue of $100,000. Your costs for rent and supplies were $50,000. To start this business you invested an amount of your own capital that could pay you a return of $20,000 a year. 





Refer to Scenario 7.2. Your economic profit last year was

◦ -$40,000.
◦ -$10,000.
◦ $10,000.
◦ $30,000.

[Ptupou85]

$30,000.

[joblessjake]

Refer to Scenario 7.2 below to answer the question(s) that follow. 

SCENARIO 7.2: You are the owner and only employee of a company that sets odds for sporting events. Last year you earned a total revenue of $100,000. Your costs for rent and supplies were $50,000. To start this business you invested an amount of your own capital that could pay you a return of $20,000 a year. 





Refer to Scenario 7.2. Your economic profit last year was

◦ -$40,000.
◦ -$10,000.
◦ $10,000.
◦ $30,000.

[amanda_14]

$30,000.

[joblessjake]

TY

[amanda_14]

You're welcome