Problem
Your run a small investment business in which you have $1,000,000 of your own money tied up. You could have earned 5 percent interest if you had invested it elsewhere and you could have earned $70,000 working for someone else. If your accounting profit is $200,000, how much is your economic profit?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.