For the last part of a is it negative economic profit or positive economic profit or negative accounting profit or positive accounting, profit or a zero accounting profit

 

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Check my work The owner of Quick Buy a variety store has an annual revenue of $500,000. Each year, they pay $35,000 in rent for the store, $20,000 in business taxes, and $370,000 on products to sell. The owner estimates they could put the $80,000 they have invested in 6 the store into a friend's restaurant business instead and earn an annual 20% profit on points their funds. The owner also estimates that they and their family could earn a total annual Skipped wage of $90,000 if they worked somewhere other than the store. Include a minus sign (-) in front of any negative values entered as a solution below. a. The total explicit costs of running the store are $ eBook The total implicit costs of running the store are $ b. The accounting profit of the variety store is $ Print The economic profit of the variety store is $ References c. The owner ( (Click to select) .) consider closing down this business because he is making a ((Click to select)

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Check my work 6 7 points Skipped eBook Print References The owner of Quick Buy a variety store has an annual revenue of $500,000. Each year, they pay $35,000 in rent for the store, $20,000 in business taxes, and $370,000 on products to sell. The owner estimates they could put the $80,000 they have invested in the store into a friend's restaurant business instead and earn an annual 20% profit on their funds. The owner also estimates that they and their family could earn a total annual wage of $90,000 if they worked somewhere other than the store. Include a minus sign (-) in front of any negative values entered as a solution below. a. The total explicit costs of running the store are $ The total implicit costs of running the store are $ b. The accounting profit of the variety store is $ The economic profit of the variety store is $ D c. The owner (Click to select) consider closing down this business because he is making a ((Click to select) Check my work 6 7 points Skipped eBook Print References The owner of Quick Buy a variety store has an annual revenue of $500,000. Each year, they pay $35,000 in rent for the store, $20,000 in business taxes, and $370,000 on products to sell. The owner estimates they could put the $80,000 they have invested in the store into a friend's restaurant business instead and earn an annual 20% profit on their funds. The owner also estimates that they and their family could earn a total annual wage of $90,000 if they worked somewhere other than the store. Include a minus sign (-) in front of any negative values entered as a solution below. a. The total explicit costs of running the store are $ The total implicit costs of running the store are $ b. The accounting profit of the variety store is $ The economic profit of the variety store is $ D c. The owner (Click to select) consider closing down this business because he is making a ((Click to select)

Answer rating: 100% (QA)

a Total explicit costs Rent 35000 Business taxes 20000 Cost of products ... View the full answer