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Billy Bob runs a seafood restaurant. Last year, he earned $70,000 in revenue. He had explicit costs of $20,000. Billy Bob could have made $30,000 working for the county, and he could have received an additional $20,000 if he had rented out his building and equipment.
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Billy Bob runs a seafood restaurant. Last year, he earned $70,000 in revenue. He had explicit costs...
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