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Business, 03.03.2020 20:49 naenaekennedybe

A firm has $200 million in total revenue and explicit costs of $190 million. Suppose its owners have invested $100 million in the company at an opportunity cost of 10 percent interest rate per year. The firm's economic profit is:.1. $400 million2. $100 million3. $80 million4. Zero

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A firm has $200 million in total revenue and explicit costs of $190 million. Suppose its owners have...
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