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Chris owns his own business restoring antique cars. Last year, he restored 2 4 cars, which he sold for $ 1 , 3 0 0
Chris owns his own business restoring antique cars. Last year, he restored cars, which he sold for $ The parts and supplies necessary for the restoration totaled $ He paid $ to his six employees and a salary of $ to himself. The rent and utilities on his building were $ Recently, Chris received an offer to work as Jay Leno's personal auto restorer, at a salary of $ Chris also received a $ offer to host a carrelated reality TV show for the Discovery Channel. Chris can only work one job. What is his accounting profit and what is his economic profit? $$ $;$ $;$ $;$
Chris owns his own business restoring antique cars. Last year, he restored cars, which he sold for $ The parts and supplies necessary for the restoration totaled $ He paid $ to his six employees and a salary of $ to himself. The rent and utilities on his building were $ Recently, Chris received an offer to work as Jay Leno's personal auto restorer, at a salary of $ Chris also received a $ offer to host a carrelated reality TV show for the Discovery Channel. Chris can only work one job. What is his accounting profit and what is his economic profit?
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