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Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest. In the fifth year, Carson sold 20
Carson used $800 000 of their savings to open a coffee shop. The savings account paid 2% interest. In the fifth year, Carson sold 20 000 coffees at a price of $2 each, and incurred costs of $18 000 which involved outlays of money. What was Carson's economic profit in the fifth year
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