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Business, 15.04.2021 05:50 dozsyerra

Becky spends at least 40 hours a week at her place of business. Becky's initial investment is $40,000. That money can be invested in a corporate bond for interest of 10% if she has chosen to work for a competitor salon andearn $20,000 per year. a. Calculate the economic cost and economic profit for Becky Hair Salon. b. Would an accountant come to the same conclusion about the profitability of this firm

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Becky spends at least 40 hours a week at her place of business. Becky's initial investment is $40,00...
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