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Author Question: Donnie's Donuts incurs $450,000 per year in explicit costs and $200,000 in implicit costs. The ... (Read 151 times)

jenna1

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Donnie's Donuts incurs $450,000 per year in explicit costs and $200,000 in implicit costs. The bakery earns $800,000 in revenues and has $2 million in net worth. Based on this information, what is the economic profit for Donnie's Donuts?


$150,000


$350,000


$600,000


$1.2 million



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Marked as best answer by jenna1 on Oct 7, 2019

parshano

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