The table below provides the annual revenues and costs for a family-owned firm producing catered meals....

 

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The table below provides the annual revenues and costs for a family-owned firm producing catered meals. Total Revenues ($) 600,000 Total Costs ($) - wages and salaries - risk-free return of 6% on owners' capital of $300,000 - rent - depreciation of capital equipment - risk premium of 8% on owners' capital of $300,000 - intermediate inputs - forgone wages of owners in alternative employment - interest on bank loan The implicit costs for this family-owned firm are O A. $90,000. OB. $114,000. OC. $589,000. D. $42,000. OE. $132,000. 250,000 18,000 101,000 24,000 24,000 145,000 90,000 11,000 The table below provides the annual revenues and costs for a family-owned firm producing catered meals. Total Revenues ($) 600,000 Total Costs ($) - wages and salaries - risk-free return of 6% on owners' capital of $300,000 - rent - depreciation of capital equipment - risk premium of 8% on owners' capital of $300,000 - intermediate inputs - forgone wages of owners in alternative employment - interest on bank loan The implicit costs for this family-owned firm are O A. $90,000. OB. $114,000. OC. $589,000. D. $42,000. OE. $132,000. 250,000 18,000 101,000 24,000 24,000 145,000 90,000 11,000

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