According to the information provided, Amy's economic profit is:

Name: According to the information provided, Amy's economic profit is:
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Question

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Amy's total revenue is $60,000 and her total explicit costs are $70,000. Therefore, her accounting profit is -$10,000. However, her economic profit takes into account implicit costs, which are $15,000. Therefore, her economic profit is -$25,000 ($10,000 accounting profit minus $15,000 implicit costs). Option A is the closest choice to this value.

According to the Information Provided, Amy's Economic Profit Is