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Economics Jason owns a small pizza restaurant, where he works full time in the kitchen. His total revenue last year was $140,750, and his rent
Economics Jason owns a small pizza restaurant, where he works full time in the kitchen. His total revenue last year was $140,750, and his rent was $2,880 per month. He pays his one employee $2,180 per month, and the cost of ingredients and overhead averages $930 per month. Jason could earn $36,500 per year as manager of a competing pizza restaurant nearby. What's Jason's implicit cost for the entire year? Your
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