219k views
4 votes
Lauren is the owner of a bakery that earns 0 (zero) economic profit. last year, her total revenue was $145,000, her rent was $12,000, her labor costs were $65,000, and her overhead expenses were $15,000. from this information, we know that her total implicit costs were:

User Cfraser
by
8.3k points

1 Answer

1 vote
the total cost would be 237,000
User HoverHell
by
8.2k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories