Lin-Manuel runs a rare book store. Last year, he earned $35,000 in revenue and had explicit costs of $8,000. Lin-Manuel could have made $29,750 testing information security equipment and received an additional $10,000 if he had used the company's inputs in a different way. Calculate Lin-Manuel's economic profit.

Economic loss of $12,750

Step-by-step explanation:

Economic profit is calculated by deducting both the implicit and the explicit costs from income.

Explicit cost are the costs of running the business whilst implicit costs are the gains that could have been earned if other alternatives had been embarked on.

Economic profit (loss);

= 35,000 - 8,000 - 29,750 - 10,000

= (12,750)

something that characterises a right triangle is the fact that we may use pythagoras' theorem to find any one of its sides given that we have the length of the other two sides. here, we have the length of the hypotenuse, √(87) yd, and one other side, √(23) yd, thus we can easily find the length of the remaining side using pythagoras' theorem as defined below:

c^2 = a^2 + b^2, where c is the length of the hypotenuse, and a and b are the lengths of the other two sides.

thus, given that c = √(87) and a = √(23), we may substitute these into the formula we defined above to get:

c^2 = a^2 + b^2

(√87)^2 = (√23)^2 + b^2 (substitute c = √87 and a = √23 into the equation)

87 = 23 + b^2 (evaluate (√87)^2 = 87 and (√23)^2 = 23 - remember that the square root of a number, squared will equal that very same number)

64 = b^2 (subtract 23 from both sides)

√64 = b (take the square root of both sides)

8 = b (evaluate √64 = 8)

therefor, the length of the unknown leg in the right triangle is 8 yd (first answer).

typically if you want , you would actually put questions here for us to you. but hey, that's just me. maybe someone will magically answer the questions for you without knowing what they are.