Suppose a soccer coach has been making $25,000 per year but gives up his coaching job in order to make lace doilies. If his revenue from the sale of these doilies is $50,000 and his materials cost $20,000, then his economic profit is __________.

Respuesta :

Answer:

$5,000

Explanation:

Current profit = 50000 - 20000

= 30000

30000 - 25000 = 5000

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