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Business, 16.03.2020 19:20 mcclendoncassandra

Marcie started a consulting firm, she is using an office building she used to rent for $60,000/year as her office. She purchased computers and other equipment for $25,000 and spent $20,000 on marketing and advertising. She also hired an assistant for $30,000/year and her other expenses such as utilities are $15,000. If Marcie worked for another firm, she would earn $100,000. Her revenue for the year were $150,000. Marcie’s implicit cost based on the information above is:

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Marcie started a consulting firm, she is using an office building she used to rent for $60,000/year...

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