The Table Below Provides the Total Revenues and Costs for a Small

question 114

Multiple Choice

The table below provides the total revenues and costs for a small landscaping company in a recent year. $\begin{array}{|l|l|}\hline \text { Total Revenues }(\$) & 250,000 \\\hline & \\\hline \text { Total Costs }(\$) & \\\hline \text { - wages and salaries } & 150,000 \\\hline \text { risk- free return of } 2 \% \text { on owner's capital of } \$ 20 & 400 \\000\\\hline \text { interest on bank loan } & 1500 \\\hline \text { cost of supplies } & 27000 \\\hline \text { depreciation of capital equipment } & 8000 \\\hline \text { additional wages the ow ner could have earned } & 30000 \\\text {in next best alternative }\\\hline \text {- risk premium of } 4 \% \text { on owner's capital of } \$ 20&800\\000\\\hline\end{array}$
$\text { TABLE 7- } 2$
-Refer to Table 7- 2. The economic profits for this firm are

• A) $31 200.
• B) $63 500.
• C) $32 700.
• D) $33 500.
• E) $32 300.

---

Definitions:

Subliminal Perception

The processing of information by sensory systems without conscious awareness, typically used in the context of subliminal messages.

Experiences

Events or occurrences that leave an impression on someone, contributing to their knowledge or altering their perception in some way.

Genetics

The study of genes, genetic variation, and heredity in living organisms, influencing traits and characteristics.

Closure

The psychological term for the process of seeking a sense of resolution or conclusion to a complex issue or an emotional matter.