Business, 01.02.2021 22:50 teenybug56

Alicia owns a small pottery factory. She can make 1000 pots per year and sell them for $100 each. It costs Alicia $20,000 for the raw materials to produce the 1000 pots. She has invested $100,000 in her factory and equipment: $50,000 from her savings and $50,000 borrowed at 10%. Alicia can work at a competing pottery factory for $40,000/year. What is the accounting profit at Alicia's factory?

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Alicia owns a small pottery factory. She can make 1000 pots per year and sell them for $100 each. It...

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