Total annual economic cost of starting a business, Microeconomics

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Total annual economic cost of starting a business

Estimate the total annual economic cost of starting a business if you are given the following information about annual costs.

Foregone wages from previous job $30,000

Rent for office spade: $24,000

Utilities: $6,000

Advertising: $2,000

In addition, the owner invests $100,000 of her own capital into the business and could have earned 5% on these funds had she left them in a certificate of deposit.

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Microeconomics: Total annual economic cost of starting a business

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Microeconomics: Total annual economic cost of starting a business

Reference No:- TGS060699

Have a Question? (oR Write a Review)

Recent Questions Asked Microeconomics

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Request for Solution File

Ask an Expert for Answer!!

Microeconomics: Total annual economic cost of starting a business

Reference No:- TGS060699

Recent Questions Asked Microeconomics

Q : Calculate the past service net pension expense

Q : Calculate the monthly payment

Q : Average variable cost of preparing a tax return

Q : Amount and character of bateman gain or loss

Q : Total annual economic cost of starting a business

Q : Importance of credibility

Q : What are the tax implications

Q : Dual currency bonds

Q : Lab assignment 3: storyboarding

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