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QUESTION 15 Kieron is currently working as an automobile detailer who earns $45,000/year. He currently has living costs of $30,000/year. Kieron has recently received a
QUESTION 15 Kieron is currently working as an automobile detailer who earns $45,000/year. He currently has living costs of $30,000/year. Kieron has recently received a job offer interstate which offers $50,000 per year, where he expects his living costs to be $33.000/year. Select the item from the list provided to make the following statements true. _ v By choosing to stay in his currentjob, Kieron is making a/ 1, Accounting profit an 2, $2000/year _ v Kieron's economic profit/loss by choosing to remain in his 3_ Total cost currentjob i5 4_ Economic prot _ v Kieron's explicit cost if he chose to take the job offer 5_ Economic loss interstate would be 6. A normal profit 7. $12000/year 8. $33000/year 9_ Explicit cost 10. $45000/year 1 l . $1900 12. Implicit cost
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