If a Firm Has Explicit Costs of $100,000 and Implicit

Multiple Choice

If a firm has explicit costs of $100,000 and implicit costs of $30,000,and generates $150,000 in revenue,then its accounting profit is _____

A) $20,000.
B) $30,000.
C) $50,000.
D) $100,000.
E) $130,000.