Logistics" is concerned with: a. transporting, storing, and handling of physical goods along channel systems. b. All of the above c. transporting, storing, and handling of physical goods within individual firms. d. reducing spatial separations between producers and consumers. e. physical distribution.

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?