Multiple Choice
Sally leaves her $24,000 secretarial position with a company and invests her savings of $15,000 (on which she was earning 6 percent interest) in her own Ready Sec agency.After expenses, her net income was $28,900.Her economic profit was
A) $4,900.
B) $4,000.
C) $28,900.
D) −$10,100.
Correct Answer:
Verified
Correct Answer:
Verified
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