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Business, 14.04.2020 23:44 LoveSchool5617

Bubba is a shrimp fisherman who could earn $5,000 as a fishing tour guide. Instead, he is a full-time shrimp fisherman. In calculating the economic profit of his shrimp business, the $5,000 that Bubba gave up is counted as part of the shrimp business's:.
a. total revenue.
b. explicit costs.
c. implicit costs.
d. marginal costs.

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Bubba is a shrimp fisherman who could earn $5,000 as a fishing tour guide. Instead, he is a full-tim...

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