How To Start A Magazine (And Make A Profit) February 21, 201312:20 PM ET By Jacob Goldstein use the information in the magazine to provided answers the following questions.

Remember: Economic Profit = Accounting Profit - Opportunity Cost

1. Based on the numbers provided in the article what is the monthly total revenue of The Magazine? 2. Based on the cost estimate provided calculate the monthly accounting profit for The Magazine? What does that workout to in terms of annual profit? 3. What costs are not included in this figure? (Hint: Think opportunity cost.) 4. Marco Arment stopped publication of The Magazine after just 28 months. What does that tell you about the economic profit at The Magazine?

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