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Other Fields Homework Help Economics Topic started by: Tragamin on Dec 28, 2017



Title: The rate of interest is 10 percent per year. You invest $50,000 of your own money in a business and ...
Post by: Tragamin on Dec 28, 2017
The rate of interest is 10 percent per year. You invest $50,000 of your own money in a business and earn accounting profits of $20,000 after one year. What are your economic profits?
A) - $15,000
B) $2,000
C) $5,000
D) $15,000
E) $20,000


Title: Re: The rate of interest is 10 percent per year. You invest $50,000 of your own money in a business ...
Post by: Aryan on Dec 28, 2017
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