Solved: Chris earned 150000 in total revenue the first, Basic Computer Science

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Chris earned 150000 in total revenue the first

Chris was the business manager for a real estate firm earning an annual salary of $45,000. Then Chris decided to become a consultant. Chris hired an administrative assistant at $20,000 per year and rents office space (utilities included) for $3,000 per month. Chris earned $150,000 in total revenue the first year.

Q1 Chris's economic profit is?

Q2 Chris's normal profit?

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Basic Computer Science: Chris earned 150000 in total revenue the first

Reference No:- TGS02774431

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