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f your business earns revenues of $60000, has total obvious costs of $20000, and normal profits of $30000 you are likely to enter leave the
f your business earns revenues of $60000, has total obvious costs of $20000, and normal profits of $30000
you are likely to enter leave the industry.
(enter or leave)
what are your economic profits or losses
A. $50,000
B. $40,000
C. $30,000
D, $10,000
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