Table 8.1
-Refer to Table 8.1.Suppose Mr.B withdrew $50,000 from his account that earned 10% to invest into this business.He quit his full-time job that paid $40,000 to manage this business.Mr.B's economic profit equals
A) $100,000.
B) $45,000.
C) $0.
D) -$45,000.
Correct Answer:
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