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. owns the building that her Sports Shop is housed in and she could have rented it out for $20,000 per year. Sheila's economic profit is equal to Sheila Select one: O a. $160,000 per year. Ob. $200,000 per year. С. $250,000 per year. d. $270,000 per year. CLEAR MY CHOICE
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. owns the building that her Sports Shop is housed in and she could have rented it out for $20,000 per year. Sheila's economic profit is equal to Sheila Select one: O a. $160,000 per year. Ob. $200,000 per year. С. $250,000 per year. d. $270,000 per year. CLEAR MY CHOICE
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 $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 economic profit is equal to
Select one:
O a. $160,000 per year.
Ob. $200,000 per year.
c. $250,000 per year.
Od. $270,000 per year.
CLEAR MY CHOICE
NEXT PAGE
OUS PAGE
道 。
T:-0
ENG
hp
< >](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F83aa5b74-51ec-4cb0-a168-f90eeb9c892d%2Fe79d4420-dc9c-45f9-ba3f-780754c9563a%2Fp7wru7_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 $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 economic profit is equal to
Select one:
O a. $160,000 per year.
Ob. $200,000 per year.
c. $250,000 per year.
Od. $270,000 per year.
CLEAR MY CHOICE
NEXT PAGE
OUS PAGE
道 。
T:-0
ENG
hp
< >
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