Sheila\'s Sports Shop is a very popular sporting goods store, which has a yearly

Question

Sheila's Sports Shop is a very popular sporting goods store, which has a yearly revenue of $600,000. Sheila runs the business herself. Her alternative employment options are to be a college swimming coach for $50,000 per year or a construction worker for $40,000 per year. Sheila spends $230,000 purchasing goods for resale to her customers. She also has four employees, who each earn $25,000 per year. Sheila owns the building that her Sports Shop is housed in and she could have rented it out for $20,000 per year. Sheila's economic profit is equal to Answer $250,000 per year. $160,000 per year. $270,000 per year. $200,000 per year. Sheila's Sports Shop is a very popular sporting goods store, which has a yearly revenue of $600,000. Sheila runs the business herself. Her alternative employment options are to be a college swimming coach for $50,000 per year or a construction worker for $40,000 per year. Sheila spends $230,000 purchasing goods for resale to her customers. She also has four employees, who each earn $25,000 per year. Sheila owns the building that her Sports Shop is housed in and she could have rented it out for $20,000 per year. Sheila's economic profit is equal to $250,000 per year. $160,000 per year. $270,000 per year. $200,000 per year. $250,000 per year. $160,000 per year. $270,000 per year. $200,000 per year.

Explanation / Answer

$200,000 per year is the right answer.. please dont consider the other answer i put

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