Consider the following information about a business diane opened last year: price = $10, quantity sold =25000; implicit cost $55,000; explicit cost = $160,000. what was diane's economic profit
a) $90,000
b) $195,000
c) -$35,000
d) $35,000
e) there is not enough information provided to answer this question.

rational decision making is a multi-step process for making choices between alternatives. the process of rational decision making favors logic, objectivity, and analysis over subjectivity and insight. the word “rational” in this context does not mean sane or clear-headed as it does in the colloquial sense.

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answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;

answerup to (3) three years;