Johns annual accounting profit is 1750 he could earn 1000 a
John's annual accounting profit is $1750, he could earn $1,000 a year as a recycler of aluminum cans, however he prefers to pay $275/year to run the cafe rather than recyle, is the cafe making an economic profit?
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johns annual accounting profit is 1750 he could earn 1000 a year as a recycler of aluminum cans however he prefers to
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suppose john had not had to get a 10000 loan at an anuual interest rate of 10 to buy equipment but instead he had
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