Multiple Choice
Sue owns a baking company. The company's total revenue for a month is $4,000. The monthly costs of resources bought in the market and of resources owned by the firm are $2,000 and the monthly costs of resources supplied by the owner are $1,000. Sue's economic profit for the month is equal to
A) $2,000.
B) $3,000.
C) $1,000.
D) $4,000.
Correct Answer:
Verified
Correct Answer:
Verified
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