Suppose Your Local Walmart Has Explicit Financial Costs of $5

Multiple Choice

Suppose your local Walmart has explicit financial costs of $5 million per year and implicit opportunity costs of $174,000 per year. If the store earned an economic profit of $202,000 last year, the store's accounting profit was:

A) $5.202 million.
B) $28,000.
C) $376,000.
D) $5.174 million.