contestada

A young chef is considering opening his own sushi bar. To do so, he would have to quit his current job, which pays $20,000 a year, and move into a building that he owns and currently rents to his brother for $6,000 a year. His estimated expenses at the sushi bar would be $50,000 for food and $2,000 for gas and electricity. The chef's explicit costs are equal to _____

Respuesta :

Answer:

$52,000

Explanation:

Given that,

Salary from the current job = $20,000

Rent = $6,000 a year

Food expenses at sushi bar = $50,000

Gas and electricity expense at sushi bar = $2,000

The explicit cost is defined as the cost incurred by the firms for operating or running the business activities.

Therefore, the explicit cost is calculated as follows:

= Food expenses at sushi bar + Gas and electricity expense at sushi bar

= $50,000 + $2,000

= $52,000

Otras preguntas