Sheila's Sports Shop is a very popular sporting goods store, which has a yearly revenue of $600,000. Sheila runs the business herself. Her alternative employment options are to be a college swimming coach for $50,000 per year or a construction worker for $40,000 per year. Sheila spends $230,000 purchasing goods for resale to her customers. She also has four employees, who each earn $25,000 per year. Sheila owns the building that her Sports Shop is housed in and she could have rented it out for $20.000 per year. Sheila's costs for the resources that she supplies to the business equal Select one: O a $330,000 per year. O b. $0 per year. Oc S70,000 per year. Od. $90,000 per year.
Sheila's Sports Shop is a very popular sporting goods store, which has a yearly revenue of $600,000. Sheila runs the business herself. Her alternative employment options are to be a college swimming coach for $50,000 per year or a construction worker for $40,000 per year. Sheila spends $230,000 purchasing goods for resale to her customers. She also has four employees, who each earn $25,000 per year. Sheila owns the building that her Sports Shop is housed in and she could have rented it out for $20.000 per year. Sheila's costs for the resources that she supplies to the business equal Select one: O a $330,000 per year. O b. $0 per year. Oc S70,000 per year. Od. $90,000 per year.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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![Sheila's Sports Shop is a very popular sporting goods store, which has a yearly revenue of $600,000. Sheila runs the business herself. Her alternative employment options are to be a college swimming coach for
$50,000 per year or a construction worker for S40,000 per year. Sheila spends $230,000 purchasing goods for resale to her customers. She also has four employees, who each earn $25 000 per year. Sheila owns the
building that her Sports Shop is housed in and she could have rented it out for $20,000 per year. Sheila's costs for the resources that she supplies to the business equal
Select one:
O a $330,000 per year.
O b. $0 per year.
Oc $70,000 per year.
O d. $90,000 per year.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F604f3895-ef28-44e0-b30c-16c0e7a0707c%2F4843e653-d678-40ca-9ea1-0150223b003d%2Fiod3jfi_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Sheila's Sports Shop is a very popular sporting goods store, which has a yearly revenue of $600,000. Sheila runs the business herself. Her alternative employment options are to be a college swimming coach for
$50,000 per year or a construction worker for S40,000 per year. Sheila spends $230,000 purchasing goods for resale to her customers. She also has four employees, who each earn $25 000 per year. Sheila owns the
building that her Sports Shop is housed in and she could have rented it out for $20,000 per year. Sheila's costs for the resources that she supplies to the business equal
Select one:
O a $330,000 per year.
O b. $0 per year.
Oc $70,000 per year.
O d. $90,000 per year.
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