Use the Following Scenario to Answer the Following Questions

question 104

Multiple Choice

Use the following scenario to answer the following questions:
Carmela's Churros is a perfectly competitive firm that sells desserts in Houston,Texas.Carmela's Churros currently is taking in $40,000 in revenues,and has $15,000 in explicit costs and $25,000 in implicit costs.
-Carmela's Churros' accounting profits are

• A) $40,000.
• B) $15,000.
• C) $25,000.
• D) $0.
• E) $80,000.

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Definitions:

U.S. Labor Law

The collection of statutes, regulatory decisions, and historical precedents that constitute the legal privileges and limitations for employees and their unions in the United States.

Legislative Pressure

Influence exerted by laws or legislative bodies that impacts the behavior of individuals, organizations, or governments.

Law Changes

Modifications or alterations to existing statutes, regulations, or legal standards enacted by governing bodies.

Wright Line Test

A legal standard used in labor law to determine if an employee's activity was a motivating factor in an employer's decision to take action against the employee.