Multiple Choice
Until recently,Rosemarie worked as an accountant,earning $30 000 annually.Then,she inherited a piece of commercial real estate that had been renting for $12 000 annually.Rosemarie decided to leave her job and operate a Peruvian restaurant in the space she inherited.At the end of the first year,her books showed total revenues of $260 000 and total costs of $230 000 for food,utilities,cooks,and other supplies.Her economic profit at the end of 1 year is:
A) $230 000.
B) $30 000.
C) $0.
D) -$12 000.
Correct Answer:

Verified
Correct Answer:
Verified
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