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Business, 09.09.2019 19:30 laylay120

Barney decides to quit his job as a corporate accountant, which pays $10,000 a month, and goes into business for himself as a certified public accountant. he runs his business from his converted garage apartment, which he could rent out for $300 a month if he wasn’t using it as a home office. he must purchase office supplies worth $75 a month, and his monthly electricity bill has increased by $50 now that he is working out of his home office. after six months of working from home, barney has earned an average of $12,000 per month. instructions: enter your answers as a whole number. a. what are barney’s monthly explicit costs? $ b. what are barney’s monthly implicit costs? $ c. what are barney’s monthly economic costs?

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Barney decides to quit his job as a corporate accountant, which pays $10,000 a month, and goes into...
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