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Question one (40 marks) Sarah was the business manager for an ice cream firm earning an annual salary of $40,000. Then Sarah decides to become

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Question one (40 marks) Sarah was the business manager for an ice cream firm earning an annual salary of $40,000. Then Sarah decides to become a business advisor. Sarah hired an administrative assistant at 15,000 per year and rents workspace (utilities included) for $3,000 per month. Sara Earned $100,000 in total revenue the first year. a- Form the information above. What is Sarah explicit annual cost? b- From the above information, what is the Sarah implicit cost? c- Form the information above, what is the accounting profit? SAADA d- From the information above, what is the economic profit

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