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Business, 14.11.2019 22:31 chloegrider6713

Suppose an assistant professor of economics is earning a salary of $75 comma 000 per year. one day she quits her job, sells $110 comma 000 worth of bonds that had been earning 5 percent per year, and uses the funds to open a bookstore. at the end of the year, she shows an accounting profit of $85 comma 000 on her income tax return. what is her economic profit? her economic profit for the year is $ nothing (round your answer to the nearest dollar

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