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Business, 20.08.2020 19:01 dudedude1593

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 $44,0...

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