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Bob quit a $100,000 per year job to open a new business.The rent is $30,000 every year. Bob spent $40,000 for an assistant and $10,000

Bob quit a $100,000 per year job to open a new business.The rent is $30,000 every year. Bob spent $40,000 for an assistant and $10,000 for utilities and office supplies.What is the economic cost for one year of business?

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