Answer to Question #59645 in Microeconomics for Huyen

Question #59645
Jacqui decides to open her own business and earns $50,000 in accounting profit the first year. When deciding to open her own business, she turned down three separate job offers with annual salaries of $30,000, $40,000, and $45,000. What is Jacqui's economic profit from running her own business?
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Expert's answer
2016-04-30T05:08:02-0400
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