If the store earned an economic profit of 50000 last year
Suppose a local hardware store has explicit costs of $2 million per year and implicit costs of $44,000 per year. If the store earned an economic profit of $50,000 last year, this means that the store's accounting profit equaled.
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suppose a local hardware store has explicit costs of 2 million per year and implicit costs of 44000 per year if the
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