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Savannah resigns from her position at Facebook paying 50,000 per year to start a ranch and pig farm. She uses the 100,000 she earned 5%
Savannah resigns from her position at Facebook paying 50,000 per year to start a ranch and pig farm. She uses the 100,000 she earned 5% on last year as a capital investment; her first year in business she earns 150,000. Annual costs were the following: Rent. 25.000 Ulities. 12,000 Wages. 30,000 Supplies. 20,000 A. Calculate Savannah's accounting prot. B. Calculate Savannah's economic prot. Hint: recall that implicit costs are what you give up AND are quantiable, too. Lastly. applying the above as an example, come up with numbers and costs from your "ctitious business idea" you've been discussing prior and pen'orm the same calculation as the above
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