Veruca sells therapeutic bath salts on the Internet.Her annual revenue is $52,000 per year,the explicit costs of her business are $14,000,and the opportunity costs of her business are $17,000 per year.What is her accounting profit?
A) $14,000
B) $21,000
C) $31,000
D) $38,000
Correct Answer:
Verified
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A)an implicit cost.
B)an
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A)revenue
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