Laura's Pizza Place incurs $800,000 per year in explicit costs and $100,000 in implicit costs. The restaurant earns $1.3 million in revenues. Based on this information, what is the accounting profit for Laura's Pizza Place?

A) $200,000 B) $400,000 C) $500,000 D) $900,000

C

Economics

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Evidence suggests that financial deepening is of greatest benefit to ________

A) industries that are highly dependent on external sources of funds B) family-owned enterprises C) established firms, rather than new firms D) child workers

Economics

For the exercise, use the first 500 observations only. Using data for average hourly earnings only (ahe), describe the earnings distribution. Use summary statistics, such as the mean, median, variance, and skewness. Produce a frequency distribution ("histogram") using reasonable earnings class sizes

What will be an ideal response?

Economics