Consider a firm that uses capital and labor as inputs and sells 20 comma 000 units of output per year at the going market price of $15. also assume that total labor costs to the firm are $250 comma 500 annually. assume further that the total capital stock of the firm is currently worth $400 comma 000, that the return available to investors with comparable risks is 9 percent annually, and that there is no depreciation. is this a profitable firm? explain your answer. a. the firm is not profitable because profit equals $-348,500 b. the firm is profitable because profit equals $51,500. c. the firm is profitable because profit equals $27,500. d. the firm is not profitable because profit equals $27,500. e. the firm is profitable because profit equals $300,000

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.