The following is cost Information for the Creamy Crisp Donut Company. Entrepreneur's potentlal earnings as a salaried worker = $40,000 Annual lease on bullding = $25,000 Annual revenue from operations = $420,000 Payments to workers - $150,000 Utilitles (electricity, water, disposal) costs = $8,000 Value of entrepreneur's talent in the next best entrepreneurial activity = $80,000 Entrepreneur's forgone Interest on personal funds used to finance the business = $6.000 Creamy Crisp's accounting profit is Multiple Cnolce $309.000. $183,000. $237,000. $111,000.

The following is cost Information for the Creamy Crisp Donut Company. Entrepreneur's potentlal earnings as a salaried worker = $40,000 Annual lease on bullding = $25,000 Annual revenue from operations = $420,000 Payments to workers - $150,000 Utilitles (electricity, water, disposal) costs = $8,000 Value of entrepreneur's talent in the next best entrepreneurial activity = $80,000 Entrepreneur's forgone Interest on personal funds used to finance the business = $6.000 Creamy Crisp's accounting profit is Multiple Cnolce $309.000. $183,000. $237,000. $111,000.

Managerial Economics: A Problem Solving Approach

5th Edition

ISBN:9781337106665

Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Chapter1: Introduction: What This Book Is About

Section: Chapter Questions

Problem 1.1IP

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