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Joe runs a restaurant. He pays his employees $ 2 0 0 , 0 0 0 per year. His ingredients cost him $ 5 0

Joe runs a restaurant. He pays his employees $200,000 per year. His ingredients cost him $50,000 per year. Prior to running his restaurant, Joe was a lawyer earning $150,000 per year. What would economists say is Joe's cost of running the restaurant? A. $150,000 B. $250,000 C. $400,000 D. $200,000
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