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Hello! Can you please answer this economics question? Thank you! Question 4 Penny left her waitress job, which paid $40,000 per year, and invested $10,000
Hello! Can you please answer this economics question? Thank you!
Question 4 Penny left her waitress job, which paid $40,000 per year, and invested $10,000 from her savings account [which was earning 10 percent interest) in her new business, Penny Blossoms, which sold designer hair clips. Her projected total revenue is $70,000 and her projected explicit costs add up to $29,000 her rst year. Her economic prot from this rst year is expected to be O $70,000 O $41,000 O $1,000 O$0Step by Step Solution
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