Q4

10.$45000/year 11.$1900 12. Implicit cost QUESTION 4 Maddie is deciding whether or not she should take up a new job in retail, or keep her current job as a babysitter. As a babysitter Maddie earns $320 per week whereas the job in retail would enable her to earn $399 per week. Maddie has travel costs of $35 per week for the babysitting job. What is Maddie's weekly accounting profit from babysitting? Answer to the nearest whole number (with no decimal places, $ or - signs, spaces or commas). QUESTION 5 Consider the market for fast food pizzas to be effectively perfectly competitive. In the early 2000's most companies had the same cost structures. However, Domino's Pizza has since invested significantly in its information technology systems. One of the outcomes of this today