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Marge opens an oxygen bar in a building she owns.She used to rent the building to her brother in law for $10,000 a year.To open the oxygen bar,Marge quit her job as a physician assistant,which paid $80,000 a year.As a bar owner,Marge has to pay $40,000 a year wages for her bartender,spend $25,000 a year for supplies,and the utilities bill is $9,500 a year.To cover the start-up costs,she used up all of her savings which earned $4,600 in interest.What are her implicit costs?
Canine
A tooth located between the incisors and premolars, pointed in shape and used for tearing food.
Premolar
A type of tooth located between the canine teeth and molars in the mouth, used for crushing and grinding food.
Incisor
A front tooth specialized in cutting food, found in both the upper and lower jaws of mammals.
Molar
A tooth adapted for grinding, located in the posterior part of the mouth in both the upper and lower jawbones.
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