Dan's Car Wash produces $150,000 in revenues and incurs $120,000 in labor wages, materials, rent, and other explicit costs. Moreover, Dan gave up a $40,000-a-year job as a hotel valet to start his car wash business. Dan's economic profit is , and he earning a normal profit.

A) $30,000; is
B) $30,000; is not
C) –$10,000; is
D) –$10,000; is not

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