Business, 24.02.2020 22:25 claytonhopkins
Ebon open up a small coffee shop which earned him $175,000 in total revenue the first year. To do this, Ebon had to quit his previous job as a barista where he earned $25,000 per year. Ebon calculated his economic profit to be $10,000, but he wants to know what his explicit costs were. What are Ebon's explicit costs?
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Ebon open up a small coffee shop which earned him $175,000 in total revenue the first year. To do th...
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