Laura's Pizza Place Incurs $800,000 Per Year in Explicit Costs

question 48

Multiple Choice

Laura's Pizza Place incurs $800,000 per year in explicit costs and $100,000 in implicit costs.The restaurant earns $1.3 million in revenues.Based on this information,what is accounting profit for Laura's Pizza Place?

• A)$200,000
• B)$400,000
• C)$500,000
• D)$900,000

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Definitions:

Peripheral Nervous System

The part of the nervous system that lies outside the brain and spinal cord, responsible for transmitting information between the central nervous system and the rest of the body.

Endocrine System

A network of glands in the body that produce and release hormones directly into the blood, regulating processes such as growth, metabolism, and reproduction.

Behavior Influence

The effects that the behaviors of individuals or groups have on the actions and attitudes of others.

Acetylcholine

A neurotransmitter in both the central and peripheral nervous systems involved in muscle activation, memory, and learning.