Interest Table Cost.1.2: Amount Rates Loan #1 = $25,000 2.00% Loan #2 = $40,000 2.50% Owner's Last Job Wage $36,000 %3D Labor $8,000 %3D Ingredients = $40,000 Rents = $5,000 Total Revenue = $200,000 According to information in Table Cost.1.2, accounting profits is about $80,500 ONo answer text provided. $81.500 No answer text provided.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
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Interest
Table Cost.1.2:
Amount
Rates
Loan #1 =
$25,000
2.00%
Loan #2 =
$40,000
Owner's Last Job Wage $36,000
2.50%
Labor=
$8,000
Ingredients =
$40,000
Rents
$5,000
Total Revenue =
$200,000
According to information in Table Cost. 1.2, accounting profits is about
O $80.500
O No answer text provided.
OS81.500
ONo answer text provided.
Transcribed Image Text:Interest Table Cost.1.2: Amount Rates Loan #1 = $25,000 2.00% Loan #2 = $40,000 Owner's Last Job Wage $36,000 2.50% Labor= $8,000 Ingredients = $40,000 Rents $5,000 Total Revenue = $200,000 According to information in Table Cost. 1.2, accounting profits is about O $80.500 O No answer text provided. OS81.500 ONo answer text provided.
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