A Young Chef Is Considering Opening His Own Sushi Bar

question 137

Multiple Choice

A young chef is considering opening his own sushi bar.To do so,he would have to quit his current job,which pays $20,000 a year,and move into a building that he owns and currently rents to his brother for $6,000 a year.His estimated expenses at the sushi bar would be $50,000 for food and $2,000 for gas and electricity.The chef's explicit costs are equal to _____

• A)$26,000.
• B)$66,000.
• C)$78,000.
• D)$52,000.
• E)$72,000.