Suppose that a firm produces 20000 units a year and sells
Suppose that a firm produces 20000 units a year and sells them all for $10 each. The explicit costs of production are $1500000 and the implicit costs of production are $ 300000. The firm has an accounting profit of?
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suppose that a firm produces 20000 units a year and sells them all for 10 each the explicit costs of production are
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