Heidi Quit Her Job as a Chef Making $40,000 Per

Multiple Choice

Heidi quit her job as a chef making $40,000 per year to start her own restaurant. The first year, Heidi's restaurant earned $100,000 in revenue. Heidi pays $50,000 per year in wages to the waitresses and hostess and $20,000 per year to buy food. What is Heidi's economic profit for the year?

A) $80,000
B) $50,000
C) $30,000
D) -$10,000