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Mathematics, 01.12.2021 07:10 esnyderquintero
Kayne runs a musical dinner theater. Last year, he earned $50,000 in revenue and had explicit costs of $20,000. Kayne could have made $37,500 driving for Uber and received an additional $5,000 if he rented out the store and equipment. Calculate Kayne’s implicit costs.
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Kayne runs a musical dinner theater. Last year, he earned $50,000 in revenue and had explicit costs...
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