Business, 19.03.2020 01:05 oliviaboils

A web designer quits a project where she was paid $50,000 on completion of the project. She starts a new company with sales revenues of $550,000 last year, while spending $250,000 on compensation for employees (excluding herself), $70,000 on capital, and $30,000 on materials. What was the firm’s economic profit?

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A web designer quits a project where she was paid $50,000 on completion of the project. She starts a...

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