Business, 11.03.2020 17:59 redstar215
Tommy's Teddy Bears incurs $300,000 per year in explicit costs and $50,000 in implicit costs. The shop earns $600,000 in revenues and has $1.1 million in net worth. Based on this information, what is economic profit for Tommy's Teddy Bears?
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Tommy's Teddy Bears incurs $300,000 per year in explicit costs and $50,000 in implicit costs. The sh...
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