Business, 29.11.2021 08:20 hiji0206

Ben Cartwright runs the Wild West Wax Museum in Carson City, Nevada. The museum has been in business for 40 years and is a major tourist attraction. The total value of the museum's capital stock is $3.5 million, which Ben owns outright. This year, the museum earned a total of $1.4 million after out-of-pocket expenses. Without taking the opportunity cost of capital into account, this means that Ben is earning a 40 percent return on his capital. Suppose that risk-free bonds are currently paying a rate of 6 percent to those who buy them. The opportunity cost of Ben's capital is $
210000. (Enter your response as a whole number.)
Ben is earning an excess profit of $
enter your response here. (Enter your response as a whole number.)

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Ben Cartwright runs the Wild West Wax Museum in Carson City, Nevada. The museum has been in business...

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