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Business, 07.11.2019 21:31 alexandraparava

Billy bob runs a seafood restaurant. last year he earned $50,000 in revenue. he had explicit costs of $20,000. billy bob could have made $30,000 working for the county and could have received an additional $20,000 if he rented out his building and equipment. calculate billy bob’s economic profit. group of answer choices -$20,000 $20,000 $0 $30,000

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Billy bob runs a seafood restaurant. last year he earned $50,000 in revenue. he had explicit costs o...
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