Posted by Rebecca on .
suppose pam owns her own building in chicago, which she could rent for 200000 a year, and used to make 60000 a year managing a bed, bath, and beyond store. she decides to open a surfing store. her yearly sales are 500000, she pays her 2 sales workers 20000 each, she pays 200000 a year for the goods she sells. what are the explicit costs and what is her accounting profit