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Jay.M Jay.M
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5 years ago
Harry's Hookahs incurs $700,000 per year in explicit costs and $500,000 in implicit costs.  The company earns $1.4 million in revenues and has $3.7 million in net worth. Based on this information, what is the economic profit for Harry's Hookas?
A) $200,000
B) $700,000
C) $900,000
D) $1.1 million
Textbook 
InMacro

InMacro


Edition: 1st
Authors:
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MarosteguiMarostegui
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5 years ago
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