windline2942 windline2942
  • 22-03-2024
  • Business
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A firm is earning positive economic profit of $1,000. The firm's implicit costs are $2,000, its explicit costs are $4,000, and its accounting profit is $3,000. What must be its total revenue?
a) $5,000
b) $6,000
c) $7,000
d) $8,000

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