5. nicole owns a small pottery factory. she can make 1,000 pieces of pottery per year...

 

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5. nicole owns a small pottery factory. she can make 1,000 pieces of pottery per year and sell them for €100 each. it costs nicole €20,000 for the raw materials to produce the 1,000 pieces of pottery. she has invested €100,000 in her factory and equipment: €50,000 from her savings and €50,000 borrowed at 10 per cent. (assume that she could have loaned her money out at 10 per cent, too.) nicole can work at a competing pottery factory for €40,000 per year. the accounting profit at nicole's pottery factory is O 80000 O 75000 60000 O 55000 5. nicole owns a small pottery factory. she can make 1,000 pieces of pottery per year and sell them for €100 each. it costs nicole €20,000 for the raw materials to produce the 1,000 pieces of pottery. she has invested €100,000 in her factory and equipment: €50,000 from her savings and €50,000 borrowed at 10 per cent. (assume that she could have loaned her money out at 10 per cent, too.) nicole can work at a competing pottery factory for €40,000 per year. the accounting profit at nicole's pottery factory is O 80000 O 75000 60000 O 55000

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