Entrepreneurs in the hot dog cart business earn $13,000 a year
Entrepreneurs in the hot dog cart business earn $13,000 a year. pays the rent of $2,500 a year, and her total
revenue is $25,000 a year. She borrowed $1,200 at 10 percent a year to buy equipment. At the end of one year, Eva was offered $1,100 for her
business and all its equipment. what is her explicit cost ?