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What is the correct answer for these two questions? Use the following information to answer questions 8 + 9. Consider someone who gives up her

What is the correct answer for these two questions?

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Use the following information to answer questions 8 + 9. Consider someone who gives up her job with a salary of $100,000 per year to start her own business. She invests $20,000 of her savings, which had been earning 10% per year. She converts her spare bedroom, which she had been renting out for $20,000 per year, to an office. In the first year of the business she makes $150,000 in sales. Raw materials cost $50,000. She hired one assistant who made $60,000. 8. What was the economic loss for this entrepreneur for the year? a. $82,000 b. $100,000 c. $72,000 O d. $80,900 O e. $90,000 D Question 9 1 pts The entrepreneur above left a job with a salary of $100,000 per year. At which of the prior salaries below would this entrepreneur actually elect to continue running this business? O a. $30,000 b. $20,000 c. $10,000 d. either (b) or (c) O e. The entrepreneur will elect to continue running the business given the current salary she is leaving behind

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