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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.

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