jetblackcap
02.10.2019 •
Business
Jill took $50 comma 000 that she had in savings and started her own business. if left in investments she would have earned $5 comma 000 this year. jill also left a job that paid her $60 comma 000 a year and plans on paying herself $40 comma 000. materials and other labor costs will be $70 comma 000. the company is located in a building that jill owns. she could have rented the building out for $30 comma 000 but plans on charging the company only the insurance and mortgage payment of $20 comma 000. what do the accounting and economic costs equal
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Ответ:
accounting cost: 130,000
economic cost: 185,000
Explanation:
accounting cost: explicit cost of the business
Jill salary 40,000
other material and labor cost 70,000
insurance and mortgage payment 20,000
total accounting cost 130,000
Economic cost: explicit cost + implicit cost whic are, the opportunity cost of the factors. cost of the best rejected option
accounting cost: 130,000
labor opportunity cost: 20,000
difference in salaries between Jill current wage and rejected labor
capital opportunity cost: 5,000 interest on saving
rent opportunity cost: 30,000
it would have receive 30,000 while currently receives 0.
total opportunity cost: 55,000
economic cost: 130,000 + 55,000 = 185,000
Ответ:
What's the title of the story please
I'll try to help with it