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Consider the following information about a cleaning product business Jaime opened last year: Price = $5 Quantity sold = 60,000 Implicit cost = $105,000 Explicit
Consider the following information about a cleaning product business Jaime opened last year: Price = $5 Quantity sold = 60,000 Implicit cost = $105,000 Explicit cost = $185,000 Assuming that all relevant costs and revenue are noted, what was Jaime's accounting profit
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