Suppose a Local Floral Shop Has Explicit Costs of $200,000

Multiple Choice

Suppose a local floral shop has explicit costs of $200,000 per year and implicit costs of $50,000 per year.If the store earned an economic profit of $50,000 last year,the store's accounting profit equaled:

A) $10,000.
B) $50,000.
C) $100,000.
D) $200,000.