During its only year of operation,a firm collected $175 000 in revenue and spent $50 000 on raw materials,labour,and utilities.The owners of the firm spent $100 000 of their own money to build the firm's factory (instead of buying bonds and earning a 10% annual rate of return),which they sold at the end of the year for $100 000.The firm's economic profit is:

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The Answer of During its only year of operation,a firm collected $175 000 in revenue and spent $50 000 on raw materials,labour,and utilities.The owners of the firm spent $100 000 of their own money to build the firm's factory (instead of buying bonds and earning a 10% annual rate of return),which they sold at the end of the year for $100 000.The firm's economic profit is:

During Its Only Year of Operation,a Firm Collected $175 000