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Business, 11.05.2021 17:00 silvernekoo

Cissy is currently running a bookstore, with a revenue of $100,000 and explicit cost of $40,000 per year. If she closes her bookstore and opens a restaurant, her total revenue will be $165,000 and her explicit cost will be $65,000 per year. If Cissy continues running her bookstore, what is her annual economic profit

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Cissy is currently running a bookstore, with a revenue of $100,000 and explicit cost of $40,000 per...

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