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Taylor used to work as a yoga instructor at the local gym earning $41000 a year. Taylor quit that job and started working as a
Taylor used to work as a yoga instructor at the local gym earning $41000 a year. Taylor quit that job and started working as a personal trainer. Taylor makes $55000 in total annual revenue. Taylor's only outerpocket costs are $312,000 per year for rent and utilities, $1,000 per year for advertising and $2,500 per year for equipment. Taylor's explicit costs are , and Taylor's implicit costs are Select one: Q a. $41000; $15500 O b. $25500; 520500 0 c. $20500; $25,500 0 d. $15500; $41000
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