Business, 04.04.2020 23:17 danny1687

Use revenue and cost information to calculate accounting and economic profit
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At the end of the year, after taxes, a law firm has $600,000 in revenues, $80,000 in rent, wages, and supply costs, and $50,000 in opportunity costs. How much economic profit did the firm make?

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Use revenue and cost information to calculate accounting and economic profit
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