=+2. You own and operate a bike store. Each year, you receive revenue of $200,000 from your

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=+2. You own and operate a bike store. Each year, you receive revenue of $200,000 from your bike sales, and it costs you $100,000 to obtain the bikes. In addition, you pay $20,000 for electricity, taxes, and other expenses per year. Instead of running the bike store, you could become an accountant and receive a yearly salary of $40,000. A large

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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