A firm's implicit costs are $10,000, explicit costs are $5,000, and its total revenue is $10,000. This
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A firm's implicit costs are $10,000, explicit costs are $5,000, and its total revenue is $10,000. This firm is earning (2 points)
| normal accounting profit | |
| positive accounting profit of $5,000 | |
| positive economic profit of $5,000 | |
| normal economic profit | |
| negative accounting profit of $5,000 |
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