You decide to quit your $70,000-per-year job as a hotel concierge to be an online hotel review blogger. At the end of the first year of blogging, you have earned $90,000. You also spent $10,000 for a high-end computer and wireless network. Your economic profit in the first year as an illustrator is:
A) $80,000.
B) $90,000.
C) $20,000.
D) $10,000.
Correct Answer:
Verified
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