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9. Suppose that a firm produces 100,000 units a year and sells them all for $5 each. The explicit costs of production are $350,000 and
9. Suppose that a firm produces 100,000 units a year and sells them all for $5 each. The explicit costs of production are $350,000 and the implicit costs of production are $100,000. What are the firm's accounting and economic profits
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