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You Decide to Quit Your $60,000-Per-Year Job as an Information

Question 41

Multiple Choice

You decide to quit your $60,000-per-year job as an information technology specialist and illustrate children's books.At the end of the first year of illustrating,you have earned $20,000.You also spent $5,000 for paint and paper.Your economic profit in the first year as an illustrator is:


A) $15,000.
B) $20,000.
C) -$40,000.
D) -$45,000.

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