Lilly's Lumberyard had the following revenues and costs last year: If Lilly did not own a lumberyard, she would earn $115,000 per year as a store manager for Home Depot. Lilly's Lumberyard had an economic cost of _____ and an economic profit of _____.

Question

Lilly's Lumberyard had the following revenues and costs last year:  If Lilly did not own a lumberyard, she would earn $115,000 per year as a store manager for Home Depot. Lilly's Lumberyard had an economic cost of _____ and an economic profit of _____.

Quizplus · Accepted Answer

The Answer of Lilly's Lumberyard had the following revenues and costs last year:  If Lilly did not own a lumberyard, she would earn $115,000 per year as a store manager for Home Depot. Lilly's Lumberyard had an economic cost of _____ and an economic profit of _____.

Lilly's Lumberyard Had the Following Revenues and Costs Last Year