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Business, 01.09.2019 09:50 20009

Suppose winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. one day, after deciding to be his own boss, he quits his job and uses his financial assets to establish a consulting business, which he runs out of his home. to run the business, he outlays $8,000 in cash to cover all the costs involved with running the business, and earns revenues of $150,000. what are winston's economic profits

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Suppose winston's annual salary as an accountant is $60,000, and his financial assets generate $4,00...
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