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Business, 07.05.2020 08:00 any80

Suppose that a firm earned $500,000 in total revenue. At the same time, it incurred labor costs of $200,000; economic depreciation of $50,000; normal profit of $75,000; interest paid to the bank of $25,000; and used other factors of production that cost $100,000. The economic profit earned by the firm equals:

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Suppose that a firm earned $500,000 in total revenue. At the same time, it incurred labor costs of $...
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