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Dave is a freelance writer who could work for a newspaper at $ 3 0 , 0 0 0 a year but instead runs his

Dave is a freelance writer who could work for a newspaper at $30,000 a year but instead runs his own business making revenue of $50,000 a year. His only business expenses are $1,000 for writing materials and $14,000 for rent and annual bank loan interest payment of $1,500. What is Dave's economic profit from working as a freelance writer?

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